Waystone announces closing of acquisition of BIL Manage
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Waystone announces closing of acquisition of BIL Manage 01 October 2025Luxembourg Reporter: Tahlia Kraefft
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Waystone, has closed its acquisition of BIL Manage Invest from Banque Internationale a Luxembourg (BIL), after regulatory non-objection from the Commission de Surveillance du Secteur Financier (CSSF).
BIL Manage Invest, a Luxembourg-based management arm of the BIL Group, will now be incorporated into Waystone.
The acquisition is expected to increase AUM in Waystone’s Luxembourg Management Company by an estimated 15 per cent and further its market position and capabilities across Europe.
The move is part of Waystone’s strategic moves to drive its global expansion, and in line with its long-term goal to be a key provider of third-party Man, alternative administration, and corporate services in Luxembourg, the firm says.
As part of the merger, the BIL Mange Invest team will work for Waystone’s Luxembourg office.
Sanjv Sawhney, group CEO, Waystone, says: “This successful closing is a testament to the dedication and collaboration across our teams and marks a significant milestone in our strategic growth journey. The acquisition strengthens our presence in Luxembourg, enhancing our ability to serve our clients by leveraging our combined expertise and networks.”
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