News & Insights

News & Insights

Centralis Group continues its planned growth strategy, acquiring the business of Admina Fund Services

07 November 2024
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Luxembourg, 7th November 2024: Centralis Group (Centralis), a global leading alternative asset and corporate services provider, today announced its acquisition of Admina Fund Services (Admina). Centralis partners with alternative investment firms and corporate organisations providing administrative, global expansion and governance solutions tailored to each clients’ unique needs. Headquartered in Luxembourg, with a presence in 12 countries and 16 locations globally, Centralis has established itself as an industry leading providing of customer-centric tailored services via 425+ highly experienced professionals.

Admina is an experienced provider of fund administration and corporate services based in the Channel Island of Guernsey. Admina provides a full suite of integrated fund administration and company secretarial services to regulated and unregulated, listed and unlisted closed ended limited partnerships, companies, trusts and foundations across multiple asset classes, including all related holding structures, management and carried interest vehicles.

The acquisition will broaden Centralis’ presence within this important jurisdiction and marketplace. As Centralis continues it’s drive for growth and global expansion, Admina’s services provide Centralis with the opportunity to expand its current servicing capabilities to additional clients. Admina’s current clients will also benefit from access to Centralis’ existing service offering. The team at Admina have a first class reputation for their proactive client approach and bring additional expertise to the already flourishing Centralis team.

Aidan Foley, CEO of Centralis commented: “The acquisition of Admina is another important milestone for us as we expand our breadth of services to our Alternative and Corporate client base. Admina will take us into the strategically important Channel Islands and also expand our fund administration capability. On behalf of my colleagues and myself, we welcome the whole Admina team to Centralis Group”.

Christine Whitehorne, Admina Director commented “This opportunity allows us to maintain our boutique approach, offering highly personal levels of service together with the additional support and strength of a global network”. Admina Director, Mark Hooton, added “We look forward to this exciting development and to providing our clients with an even higher level of service and opportunity with Centralis.”

Mazars (UK) acted as financial and tax advisor to Centralis, Oben Regulatory (Jersey) with Carey Olsen (Guernsey) and Taylor Wessing (UK) served as legal & regulatory counsel.

Disruptive Capital acted as M&A advisor to Admina, and Ferbrache & Farrell served as legal counsel.

Media Contact:

kate@lacewingmedia.com

+44 7976 233992

 

Notes for Editors:

 

Founded in 2006, Centralis is a market leading outsourced corporate and alternative investment services provider. Centralis is headquartered in Luxembourg with key offices in Barbados, Bulgaria, Cayman Islands, Hungary, Ireland, the Netherlands, Spain, Switzerland, the UK, Uruguay, and the US. Centralis specialises in providing a wide range of corporate, treasury, fund, asset manager, compliance & regulatory reporting, debt administration and business support services to multi-national organisations, private markets clients, international fund structures, real estate firms and regulated entities. Centralis employs 425+ highly experienced and qualified professionals across 16 locations in 12 countries.