Vistra, the rapidly expanding fiduciary firm which forms
part of the OV Group, is continuing its growth plans with the recent
acquisition of a small Luxembourg based company formation, accounting and audit
firm HT Group.
As HT Group are Réviseurs d’Entreprises Agréé (similar to UK
Chartered Accountants), Vistra will now be able to offer clients annual and
statutory audits, due diligence checks in acquisition cases and valuations.
Founded in 1992, HT Group currently employs 10 staff and
focuses on delivering personal solutions to owner-managers and high net worth individuals
from around the world, especially in the English speaking community. Although the acquisition may be small in
size, it is notable from a strategic perspective given its addition of a new
service line to Vistra.
As has been noted in earlier posting on this blog, he OV
Group has been highly acquisitive in recent times, and this is the latest in a
string of deals which is rapidly turning Vistra into one of the larger players
in the international fiduciary market.
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