Alter Domus Acquires Strata Fund Solutions LLC
January 12, 2021
Alter Domus, a Luxembourg-based fund administration and corporate services provider backed by Permira, has acquired Strata Fund Solutions LLC, a Salt Lake City-based fund administrator serving private equity and venture capital funds. The deal expands Alter Domus' North American footprint, adds over 200 fund accounting and administration professionals, and brings complementary technology and a $140 billion assets-under-administration client base to the combined firm.
- Buyers
- Alter Domus
- Targets
- Strata Fund Solutions LLC
- Sellers
- FTV Capital, StepStone Group
- Industry
- Financial Services
- Location
- Utah, United States
- Transaction Type
- Buyout
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