Mainstream shareholders approve Apex Group takeover
Deal set to complete in the coming weeks as Apex Group adds another fund services unit to its business.
Deal set to complete in the coming weeks as Apex Group adds another fund services unit to its business.
Service allows major sources of emissions to be identified and managed, while still aligning with the reporting requirements of key standards and regulations.
The acquisition of Sanne would add a further £500 billion of assets to Apex’s ranks, tipping the fund administrator over the $2 trillion mark in AUA
The transaction expands Apex’s growing presence in Latin America, with an addition of 160 new employees and a new office in São Paulo.
The appointment falls in line with the rapid growth of the secondary market in the Asia-Pacific region, including Japan.
The acquisition of GCG marks the eighth deal announced by Apex following a spree of acquisitions by the Group in FY21.
New appointments align with Apex’s continued commitment to growth across the APAC region.
As Apex Group beats out M&A rival to secure deal for the coveted Mainstream Group and earns new private equity backing, its founder and CEO says the acquisition sends a statement to the market.
Carlyle expands existing relationship with Apex Group with additional investment while Mubadala joins as a new investor.