Taylor Wessing has advised Augentius Group Limited, a leading global provider of alternative investment solutions to the private equity and real estate communites, on its sale to the Astorg-backed SGG Group, a leading global investor services firm.
Augentius, which employs over 650 professionals, offers a complete suite of fund administration, depository, regulatory and compliance solutions to institutional investors across 13 jurisdictions. These include the UK, Guernsey, the US, Luxembourg, Singapore and Hong Kong.
The transaction is subject to regulatory approval and will see Augentius become part of the fourth largest investor services firm in the world.
Commenting on the transaction, partner James Goold said: "This is an exciting opportunity for Augentius, bringing with it opportunities for the business and underlining its leading position in the market. For Taylor Wessing, this was a very interesting transaction to work on. We are seeing an increase in deals involving investor services and this transaction was a chance for us to bring our multidisciplinary capabilities to bear and underline our abilities within this fast-moving space. I am pleased that we had the opportunity to advise Augentius on this sale and wish them all the very best for the future."
The deal team was led by Private Equity and Corporate partner James Goold with senior associate Jonny Bethell and associates Eliška Haškovcová and Catherine Williams.
Further assistance was provided by partner Martin Yells and associate Kate Bowden (Banking and Finance), partner Graham Samuel-Gibbon and associate Will Egan (Tax and Incentives), senior associate Colin Godfrey (employment), partner Robert Vidal (Competition) and senior associate Chris Ratcliffe (Financial Services).