Industry News – Page 3 – Paddock Capital Markets

Apex Group adds to client offering with close of Mainspring acquisition

Apex Group Ltd. (“Apex Group” or the “Group”), a global financial services provider, announces today the successful close of the acquisition of Mainspring Fund Services Limited, following receipt of full regulatory approval from the UK’s Financial Conduct Authority (“FCA”). The...

TMF Group expands US presence by acquiring PartnersAdmin LLC

Press release from TMF Group: TMF Group, a leading provider of global administrative services, including fund accounting and administration, today announced the acquisition of PartnersAdmin LLC (PartnersAdmin), a full-service outsourced fund administration provider. As a result, TMF Group will now...

Paddock Consultancy Serves as Financial Advisor to Mainspring in Sale to Apex Group

Press release from Apex Group: Apex Group Ltd. (“Apex Group” or the “Group”), a global financial services provider, announces today the acquisition of Mainspring, a UK-based provider of venture capital fund administration and accounting services. Mainspring provides outsourced...

Socium Fund Services Acquired By Suntera Global

Suntera Global has acquired US fund administration business Socium Fund Services in a key strategic move as the firm continues to grow and expand its international footprint into new global markets. The acquisition of Socium, which requires no regulatory approval and completes with immediate...

ZEDRA Expands Global Foothold in Fund Administration Services Industry With Acquisition of Curaçao and US Based Atlas Fund Services

ZEDRA, a global specialist in Global Expansion and Corporate Services, Active Wealth and Fund Solutions today announces that it has signed a sales and purchase agreement to acquire Atlas Fund Services, a privately held, fully licensed, and industry-recognized investment fund administrator. The deal...

Paddock Capital Markets Acted as Financial Advisor to Axelia in Their Sale to Zedra

Paddock Capital Markets acted as Financial Advisor to Aexlia in their sale to Zedra. We want to congratulate Phil and Alex Suhas for their success in building a great firm in Axelia, and wish them the best in their next chapter. We also want to welcome Zedra to the U.S.! Read the official press...

Bill Salus Talks Fund Services M&A with Alternatives Watch

Bill Salus recently sat down with Susan Barretto, editor of Alternatives Watch, to discuss the temperature of M&A activity in the fund services space. As a firm specializing in the asset servicing space, Paddock Capital Markets sees firsthand the growth and product development challenges fund...

Announcing the Launch of Paddock Capital Markets

Bill Salus and Jeff Solomon announce the launch of Paddock Capital Markets, a fully registered investment banking transaction advisory firm for mid-market financial services firms. Bill Salus, who is also CEO & Founder of Paddock Consultancy, says that “Our new transaction advisory services...

Bill Salus Speaks at Duff & Phelps Due Diligence Insights Conference

Paddock Capital Market’s Managing Partner, Bill Salus, joined other industry leaders at Duff & Phelps Due Diligence Insights conferences to provide an update on the fund administration space. IMDDA Founding Board Member, Daniel Strachman, moderated a panel discussion on emerging trends in...