Vistra, a provider of trust, fiduciary and fund administration services, has bought Irish capital markets corporate and trust firm Canyon CTS for an undisclosed sum.

Canyon, established in 2014, offers corporate and trust services for structured finance deals, along with corporate restructuring support and aircraft leasing services.

The firm has offices in Shannon, which serves as its headquarters, Dublin and New York.

The firm’s 32-member team will join Vistra as part of the deal. Canyon’s current managing director Andrew Ryan will retain leadership of the team.

“We are excited to join Vistra; their well established businesses in countries like the Netherlands and Luxembourg will leverage our services and provide our clients with further links to local onsite support,” Ryan noted.

Vistra CEO Martin Crawford said: “The experienced team at Canyon has built a distinguished reputation for themselves in a short space of time, growing the business exponentially. Over this time, Vistra has developed a strong relationship with their business and we have seen the importance of Ireland in the capital markets sector, in particular in aircraft leasing.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Strengthening our presence in Ireland through this acquisition will also enable us to extend our client offerings.”

The latest deal further expands Vistra’s Irish footprint. It acquired Dublin-based Squires Gilbride Chartered Accountants & Advisors last month.

In September 2017, Vistra also acquired the corporate services business of Deutsche Bank’s Global Transaction Banking arm that has operations in the UK, Ireland, Luxembourg, Netherlands, Jersey, Mauritius, Cayman Islands and the US.