Apex Group welcomes new strategic minority investors

en

Apex Group Ltd. (“Apex” or “The Group”), one of Luxembourg’s largest financial services providers and employers, welcomes its new strategic minority investors led by TA Associates (“TA”) and including Mubadala Investment Company and Carlyle. As previously announced, these firms have invested alongside existing investor Genstar Capital (“Genstar”), a growth-oriented private equity firm, as well as Founder and CEO Peter Hughes and the Apex management team.

<< Back
  • Peter Hughes

Following investment from Genstar in 2017, Apex Group has grown both organically and via strategic acquisitions. Including recently announced acquisitions, The Group has increased its assets under administration from $50 billion to $2.75 trillion in assets serviced across administration, custody, depositary and under management, and delivered by 10,000 employees across over 85 offices in 42 markets worldwide (upon the close of recently announced acquisitions).

Genstar’s continued support and the new investment led by TA is further endorsement of Apex’s strength as a leading financial services provider, underpinned by a sustainable long-term strategy, delivered through continued focus on service excellence, investment capital to support growth, and the successful integration of recent acquisitions.

Peter Hughes, Founder and Chief Executive Officer at Apex Group comments: “Today’s announcement endorses our business model and reaffirms our commitment to our clients and employees, with some of the world’s most respected investors joining us as shareholders. We are grateful for Genstar’s continued support and the new investments by TA, Mubadala and Carlyle, which will help us to further build on the accelerated growth we have achieved since Genstar’s initial investment five years ago. This new investment ensures continuity with both investors and our clients, as well as representing an exciting opportunity to continue our growth trajectory.”

Financial terms were not disclosed.

Back to top  | << Back

Communiqués liés

Peter Hughes

Apex Group completes acquisition of MJ Hudson

Successfully closes acquisition of business units in Ireland, Luxembourg and Cha...

Apex
Stephen-Geddes
21/09/2023 Personnalités

Stephen Geddes to lead Apex Group in the UK

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial servic...

Apex
Apex logo 150x150 (002)
21/08/2023

Sadu Capital’s VC fund picks Apex Group services

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial servic...

Apex
Nicholas-Bradford-300x300 (002)
07/08/2023

Apex Group supports launch of new Australian investment mana...

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial servic...

Apex
Qasir Bashir (002)
02/08/2023 Personnalités

Apex Group appoints Qasir Bashir as Denmark Country Head

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial servic...

Apex
Peter Hughes

Apex Group to expand Japan presence with AXESS Accounting Of...

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial servic...

Apex

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more