Apex is to acquire BEST Alternative Advisory Services (BEST), an India-based, specialised financial services provider for global asset managers.
The acquisition adds an additional 35 employees to Apex, based in Mumbai, India.
BEST will rebrand and operate under the Apex Group name, supporting managers across asset classes with a range of specialised services including risk management, investment operations, compliance, tax, client reporting and solutions.
Among other services, BEST’s clients will have access to digital banking and Apex’s ESG Ratings and Advisory offering.
The acquisition is part of Apex’s wider aim to further support current and future Apex clients looking for assistance in these specialised servicing areas.
The acquisition comes after Apex recently acquired Mainstream Group and MMC.
Peter Hughes, founder and CEO of Apex Group, comments: “BEST has demonstrated alignment with our commitment to building partnerships with clients to deliver a consistent and high-quality level of service, and we look forward to continuing this as BEST operates as part of Apex Group.”
