Intertrust Group has completed the acquisition of ATC Group, after having received the necessary regulatory approvals.
As a combined group, Intertrust operates with over 1,450 professionals from 33 offices in 24 countries and provides trust and corporate services to multinational corporations, financial institutions, alternative investment funds and entrepreneurs.
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Following closing of the deal, Intertrust and ATC have started a process to integrate the two companies.
Part of the integration process is a full rebranding of ATC into Intertrust, which is expected to be completed by 2 December 2013.
"We will continue to focus on delivering the highest quality service to the clients, while taking a personal approach and long-term perspective on building relationships, being responsive and continuously supporting clients’ individual needs, as we have done for many years," Intertrust Group said in a statement.
On 4 June 2013, PBI reported that UK private equity group HgCapital has sold Dutch fiduciary services firm ATC to Intertrust for an enterprise value of EUR303 million.
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