Apex Group expands service provision to Blue Collective

en

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces the expansion of its relationship with venture capital investor, Blue Collective for fund administration, in addition to existing tax services.

<< Back
14/11/2022 |
  • Apex logo 150x150 (002)

Apex Group was appointed by Blue Collective due to its ability to offer both tax and fund administration services through one relationship, underpinned by industry experience and leading technology solutions.

Blue Collective, an early-stage venture capital, growth and buy-out investor, was previously a tax compliance and planning client of FTS, a leading tax services provider, which saw a majority shareholding acquired by Apex Group in April 2022. With FTS becoming part of Apex Group, existing clients - such as Blue Collective - are now benefitting from access to the Group’s global, cross-jurisdictional reach and range of additional services including fund administration, digital banking, compliance solutions and ESG Ratings and Advisory.

Fund administration services forman integral part of Apex Group’s single-source solution, which, according to a recent Total Economic Impact (TEI) report by Forrester Consulting, provides clients with a return on investment of 105% and cost benefits of $5.39m, with a net present value of $2.75m over a three-year period.

Apex Group continues to enhance its ability to offer a comprehensive and high-quality service to all client segments delivered by over 850 employees in the Americas. This latest announcement builds on Apex Group’s organic growth momentum in the Americas, with new business wins including Encore Capital Management and Marlin Capital Partners, and follows the addition of real estate services provider SandsPoint, and the acquisition of Greenough Consulting Group (“GCG”).

Larry Rukin, Managing Director, FTS, now part of Apex Group comments: “We are pleased to announce the expansion of our relationship with the team at Blue Collective to provide fund administration services in addition to existing tax compliance, planning and consultancy support. Apex Group’s acquisition of FTS continues to benefit our clients, who are now able access the Group’s single-source solution, which offers the efficiency and convenience of both fund administration and tax services delivered via one relationship.”

Jay D. Trickett, Partner at Blue Collective further adds: “We have been impressed by the FTS team’s extensive knowledge of the tax requirements of our fund structures,and their acquisition by Apex Group has provided us with access to an expanded range of services supported by leading technologies.Apex Group’s deep industry experience and track record in fund administration will allow us to focus on our core purpose of investing in, and supporting, exceptional growth businesses.”

Back to top  | << Back

Communiqués liés

Apex logo 150x150 (002)
22/11/2022

Apex Group appointed for Morphosis Venture Capital’s first...

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

Apex
Alex Contreras (002)
16/11/2022

Apex Group wins Participant Capital mandate

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

Apex
Apex logo 150x150 (002)
14/11/2022

Apex Group expands service provision to Blue Collective

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

Apex
GenTwo logo jpg
09/11/2022 Partenariat

GenTwo partners with Apex Group’s EDB for global banking a...

European Depositary Bank (“EDB”), the Luxembourgbased provider of banking, p...

Apex
Apex logo 150x150 (002)
07/11/2022

Aliph Capital appoints Apex Group for fund services

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

Apex
Apex logo 150x150 (002)

Apex Group closes acquisition of Darwin Depositary Services

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

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