Jersey-based trust company Hawksford has acquired trust and corporate services provider Key Trust.
The acquisition follows its recent expansion in Jersey, the Middle East and Switzerland.
As part of the acquisition, Hawksford has employed most of the staff from Key Trust.
“Our recent acquisition of Key Trust will ensure that Hawksford’s clients, and those of Key Trust, will have access to an even wider resource pool of experts – an opportunity we view as a great positive,” says Peter Murley (pictured), chief executive, Hawksford. “We are delighted to welcome the Key Trust staff to the Hawksford team.”
Key Trust was part of the Key Group, which has been delivering personalised wealth management and administration for high net worth clients and their professional advisers since 2000.
Hawksford was established in 2008 following a management buyout of Rathbone Trust Company Jersey, backed by UK private equity company Dunedin. Since this date, the company has been focused on growth, both organically and through expansion and acquisitions.
In June 2011, Hawksford opened its Dubai office and in August 2011 the business acquired Swiss firm L-S&S, a boutique private wealth law firm based in Zurich. 2011 also saw the business appoint chairman Philip Taylor. In January 2012, Hawksford acquired Trustcorp Jersey.
