Global asset servicing group Adepa has acquired Luxembourg-based fund and corporate services specialist Fidupar. The acquisition is subject to regulatory approval.
Through the mandate, Adepa hopes to expand its fund administration and transfer agent capabilities, specifically in the alternative investments space. It will also allow the company to reinforce its historical positioning in Luxembourg and open up opportunities in new markets, such as France and Belgium.
Carlos Morales, CEO of Adepa, says: “This strategic move aligns with our goal to strengthen our capabilities and expand our global reach. The expertise and market knowledge that Fidupar brings to the table will complement our existing strengths, fostering growth and innovation."
Frédéric Collot and Nicolas Montagne, managing directors of Fidupar, comment: "[This partnership] aligns with our shared commitment to delivering exceptional financial services. This strategic collaboration will bring added value to our clients and open up new opportunities for growth.”
