BCI Makes Strategic Minority Investment in ZEDRA

ZEDRA Acquires Gryphon Fund Group

December 11, 2024

Financial Services

ZEDRA, a global provider of wealth, corporate and fund services backed by Corsair and BCI, has joined forces with Gryphon, an Ohio-headquartered fund administrator. The integration significantly expands ZEDRA's U.S. fund administration business (doubling its size) and grows combined assets under administration to roughly $30 billion.

ZEDRA Acquires BFCS, the Fund and Corporate Services Arm of Banque Internationale à Luxembourg

March 24, 2021

Financial Services

ZEDRA has acquired BFCS, the fund and corporate services division of Banque Internationale à Luxembourg (BIL), subject to regulatory approval from Luxembourg's CSSF (now completed according to subsequent release). The deal expands ZEDRA's fund administration and related corporate services capabilities in Luxembourg and brings BFCS staff and clients into ZEDRA's existing Luxembourg operation.

BCI Takes Significant Minority Stake in Authority Brands

September 20, 2022

Professional Services

British Columbia Investment Management Corporation (BCI) agreed to acquire a significant minority stake in Authority Brands, the North American residential services franchising platform. Funds advised by Apax Partners will retain majority ownership; the investment is intended to support further M&A, franchise development, technology transformation and international expansion.

ZEDRA Acquires Inside Pensions Ltd

February 16, 2021

Financial Services

ZEDRA, the global specialist in active wealth, corporate and fund services, has acquired Inside Pensions Ltd, a UK-based occupational pension scheme governance support provider. The acquisition adds 39 staff in St Albans and strengthens ZEDRA's pensions and employee benefits capabilities in the UK; the shareholders of Inside Pensions were advised by Cavendish Corporate Finance.

ZEDRA Acquires AlleyBe to Expand Malta Operations

June 8, 2022

Financial Services

ZEDRA has acquired AlleyBe, a Maltese corporate service provider, trustee and Virtual Financial Asset (VFA) Agent, adding approximately 25 team members and strengthening ZEDRA's capabilities in Malta. The deal integrates AlleyBe into the ZEDRA brand to broaden corporate, private wealth and fintech-related services for clients in the region.

ZEDRA Acquires Atlas Fund Services

November 7, 2022

Financial Services

ZEDRA has completed the acquisition of Atlas Fund Services, a privately held fund administrator with offices in Charlotte, North Carolina and Willemstad, Curaçao. The deal expands ZEDRA's fund administration capabilities and establishes a US and strengthened Latin American presence for the firm's fund services business.