M and A
Deals Of The Day: The Latest In Wealth Management M&A
The latest M&A deals in wealth management across the UK, Europe, Middle East and Africa.
Hawksford
Private client firm Hawksford has acquired
People & Projects, a corporate service provider.
The financial terms of the deal were not disclosed.
P&P’s partners Stefano Passarello, Dario Acconci and Giacomo
Stoppa will become shareholders in Hawksford and continue in
senior management roles ensuring continuity for P&P’s
longstanding client base.
The acquisition will give P&P clients access to Hawksford’s
private client services, as the firm looks to increase its
presence in Hong Kong and Singapore.
The transaction takes the corporate, private client and fund
administration company’s global headcount to over 400, with 200
now based in Asia.
P&P has 140 employees operating out of ten offices in Hong
Kong, Singapore, Shanghai, Guangzhou, Beijing, Changshu,
Shenzhen, Tokyo, Milan and Barcelona.