Leading global fiduciary and administration provider, Estera,
has acquired the Heritage Financial Services Group (HFSG).
The deal was finalised on 5 June and is subject to regulatory
approvals, following which HFSG will be rebranded under the Estera
name. As an independent business providing third party fund
administration, depositary, trust and corporate services, HFSG,
employs approximately 100 people across Guernsey, the UK and
Malta.
Estera Chief Executive Farah Ballands said: "We are
delighted to welcome HFSG to the Estera family; a team with an
excellent reputation in client service, a value which is core to
Estera. "This transaction, together with our acquisition of
Guernsey-based Morgan Sharpe earlier this year, is central to the
expansion of our funds service line, whilst also expanding
jurisdictional choice for our trust and corporate
clients."
