
LUXEMBOURG - IK takes majority stake in Vistra
Buyout house IK Investment Partners has acquired a majority stake in corporate structuring specialists Vistra Group for an undisclosed sum, alongside a group of investors including Reggeborgh Groep.
Based in Luxembourg, Vistra was established in 2006 through the buy-in of the private client business of Chiltern in London and Jersey by the former top management team of Fortis Intertrust. The business was expanded to Amsterdam and Geneva soon thereafter and later into Luxembourg, Curaçao, Cyprus and Hong Kong. The firm which provides a full range of administrative solutions for corporate structuring and for wealth protection and currently has an integrated presence across 12 jurisdictions.
IK intends to support the company through its next phase which will be focused on a buy-and-build strategy which includes the expansion into new geographies as well as service areas.
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