Funds services provider Hawksford has acquired Dutch corporate services and financial management services company ACT Management Services.
Hawksford said that the acquisition was a strategic one and that it formed part of Hawksford’s global expansion strategy supported by STAR Capital and follows on from the acquisitions of Pearse Trust and Griffon Solutions in 2022.
Michel van Leeuwen, group chief executive for Hawksford, said: “The acquisition of ACT complements our strategic expansion plans, strengthening Hawksford’s capabilities in locations where our clients anticipate growth. ACT’s forward-thinking and client-centric mindset, together with their expertise in delivering boutique, client-focussed corporate solutions, are a natural fit with our culture, values, and range of services.”
He added: “Extending our European footprint will allow us to maximise the opportunities available to our clients globally, providing greater access and services to businesses in the region.”
ACT is a privately-owned Dutch boutique firm operating in the corporate services and financial management services industry. Based in Amsterdam, the business provides management, domiciliation, and corporate services to a wide range of clients globally, including multinational corporations, public and private companies.
Hawksford said that the acquisition provides ACT’s clients with the opportunity to address additional jurisdictions globally, while benefiting from Hawksford’s longstanding expertise and experience in key regions, including Asia, Emea, and the UK.
Robbert Frassino, principal shareholder and CEO of ACT, said: “We are delighted to integrate with and be a part of the Hawksford Group. This acquisition represents excellent growth and expansion opportunities for both our customers and our team in terms of support and access to extended services in many additional jurisdictions.”
Both Frassino and Justin Verbond, director and partner at the firm, will stay on and lead Hawsford’s operations in Amsterdam during the transition period.
Pictured left to right: Robbert Frassino, principal shareholder and CEO, ACT; Daniel Hainsworth, global head of corporate services, Hawksford; and Justin Verbond, director and partner, ACT.