Hawksford enters Ireland and Mauritius with double deal

Firm is planning a series of acquisitions following private equity backing

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Global corporate, private client and fund services provider Hawksford has acquired Dublin-headquartered Pearse Trust and Mauritius-based Griffon Solutions.

The financial terms of the deals were not disclosed.

Pearse Trust is corporate and trust structuring firm, founded in Dublin in the 1980s and has offices in Belfast, London and Vancouver as well as an associated office in Mexico City.

Griffon Solutions serves high net worth individuals, financial institutions and international corporations with cross-border needs.

Both firms will retain their staff and current management will keep leading the businesses post acquisition.

Global expansion

The acquisitions are part of the company’s global expansion strategy and mark its first entry into the Mauritius and Irish markets.

Hawksford said the two deals are the “first step in a series of planned acquisitions with the backing of Star Capital”.

The private services provider also recently expanded its presence in 13 jurisdictions in Asia Pacific.

Michel van Leeuwen, group chief executive for Hawksford, said: “This is a significant milestone for Hawksford and represents the next step in our exciting growth journey. We are listening to our clients – expanding into jurisdictions and service lines where our clients need us to.

“We are seeing both Ireland and Africa rapidly becoming major growth markets and are pleased to have secured local expertise with longstanding heritage and commitment within their respective markets. We look forward to joining up our capabilities and continuing to expand our service offering to our clients globally.”

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