Sanne Group plc Acquires Chartered Corporate Services
Sanne, the specialist provider of outsourced corporate and fund administration, reporting and fiduciary services, has entered into an agreement to acquire Chartered Corporate Services ("CCS"), a Dublin-based corporate services business established in 2005 that specialises in the delivery of company secretarial, liquidations, payroll and VAT reporting services. Employing fifteen staff, CCS has a broad range of clients including a number of large financial institutions, investment funds and corporates. The transaction is due to complete at the end of February.
Commenting, Dean Godwin, Chief Executive said: "The acquisition of CCS is aligned to our strategy of acquiring businesses that support existing growth opportunities and deliver greater jurisdictional and product diversity. CCS will complement our existing operations in Ireland, delivering additional scale and product capabilities across our corporate and institutional service offering."
Sanne is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services.
Established for over 25 years and listed on the Main Market of the London Stock Exchange, Sanne employs approximately 350 people worldwide and administers structures and funds that have in excess of €100 billion of assets.
The Group targets alternative asset markets that have high barriers to entry and require specialist expertise to service. Key clients include alternative asset managers, financial institutions and corporates.
The Group has a presence in established, international financial centres including Jersey, Guernsey, London, Luxembourg, Dublin, Dubai, Hong Kong, Shanghai and Singapore.