PFS-PAXUS user, Apex announces the close of Link Asset Services CPCS Business and Throgmorton acquisitions

Apex Group Ltd. (“Apex”), the global financial services provider, today announces the successful closing of the acquisition of the Corporate and Private Client Services (“CPCS”) and Throgmorton businesses of Link Group’s Asset Services division. This announcement marks an important inflection point for the group as it solidifies its position as a full service global financial services provider. The acquisition of CPCS and Throgmorton adds over 600 employees and 6,000 clients to the Apex Group, across multiple markets, and bolsters Apex’s corporate services capabilities adding specialist hubs in the UK, Jersey, Ireland, Luxembourg, the Netherlands, Hungary and Switzerland. Over the past eighteen months, Apex has continued to expand its capabilities to meet client demand successfully executing a programme of strategic acquisitions to deliver on its ambition to offer a unique end-to-end solution for global asset managers and allocators. The acquisitions, which include Deutsche Bank’s fund servicing business and M.M.Warburg & CO’s Asset Management and servicing business in Luxembourg, have enabled the firm to deliver a full suite of products beyond core fund accounting with the firm now offering four key service areas: open-ended fund administration, private equity and real estate fund administration, banking and depositary plus corporate services solutions. Please read the full announcement here.