Equiom adds new service line with Luxembourg acquisition

Friday 26 January 2018

Equiom has announced the acquisition of Carey S.A. Luxembourg, a corporate and fund administration business.

Led by Managing Director Barry Black, the team at Carey S.A. are experts in the incorporation and central administration of Luxembourg unregulated and regulated alternative investment vehicles, tax reporting alternative fund services, and private wealth solutions.

Equiom’s Global Chief Executive Officer Sheila Dean said: "The acquisition of Carey S.A. comes at a time of tremendous growth for Equiom, having only recently expanded into Monaco and extended our presence in Malta. It has been a goal of Equiom’s to establish a presence in Luxembourg for quite some time and now that we have achieved this, we can really make our mark in Europe.

"Luxembourg is an exciting new jurisdiction for us that offers access to an opportune market and with the addition of a brand new fund services line, we are able to expand our offering even further. I am looking forward to working with Barry and the team to create a truly comprehensive service to our clients. I thank our equity partners LDC and our legal advisers Gowling WLG for their valued input and support throughout this acquisition."

Mr Black added that over the last ten years, Carey S. A Luxembourg has focused on providing clients with a high-quality service offering, and that joining Equiom allowed them to maintain their high level of service while also allowing them to access a wider network of cross-jurisdictional and multi-disciplined expertise. 

A total of 18 staff will join Equiom Group with immediate effect. The Luxembourg team will continue to operate from the same office location, which will rebrand to Equiom by the end of January 2018.