Deal Snapshot
SANNE CLOSES ACQUISITION OF LUXEMBOURG INVESTMENT SOLUTIONS, COMPLIANCE PARTNERS
Tuesday 13 February 2018

Jersey-based outsourced corporate and fund administration services provider Sanne Group plc (LSE: SNN) has closed the acquisition of Luxembourg-based fund services provider Luxembourg Investment Solutions S.A. and corporate services provider Compliance Partners S.A., the company said.
LIS is a third party alternative investment fund manager with assets under administration in excess of EUR 8.3bn. LIS is authorised to deliver management company services to both alternative investment funds and open ended mutual funds (UCITS) within the EU.


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Details
Date Published: 13/02/2018
Target: Luxembourg Investment Solutions, Compliance Partners S.A.,
Country: Luxembourg
Deal Size: 64.58m (USD)
Sector: Banking/Financial Services
Type: Corporate acquisition
Financing: Cash and Stock
Status: Closed
Vendor:
Buyer: Sanne Group
Comment:


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