STP Investment Services Acquires Tower Fund Services
November 30, 2021
STP Investment Services has acquired third-party fund administrator Tower Fund Services to expand its alternative asset fund administration capabilities and bring Tower clients onto STP's BluePrint technology platform. The transaction strengthens STP's alternative investing offering and aims to deliver enhanced operational technology and service to Tower's clients.
- Buyers
- STP Investment Services
- Targets
- Tower Fund Services
- Industry
- Financial Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Stewart Information Services Acquires Tower Title
September 3, 2026
Professional Services
Stewart Information Services Corporation acquired Tower Title to expand its National Commercial Services business and strengthen its Energy & Infrastructure title capabilities. Tower Title is a national provider of title services focused primarily on telecommunications, with expertise supporting solar farms, wind turbines, data centers, and billboards.
-
STP Investment Services Acquires WealthSite
December 15, 2022
Wealth Management
STP Investment Services has acquired WealthSite, a provider of accounting, portfolio management, reporting and analytics software for family offices and wealth advisory firms. The deal will expand STP's BluePrint platform capabilities and brings STP's assets under administration to over $400 billion.
-
Lovell Minnick Partners Makes Growth Investment in STP Investment Services
March 9, 2022
Financial Services
Lovell Minnick Partners has made a significant growth investment in STP Investment Services to support the firm's investments in innovation, technology, workflow and talent and to accelerate its M&A strategy. STP, a technology-enabled investment operations and fund administration provider, will continue to be led by its existing management team with Lovell Minnick joining the board; terms were not disclosed.
-
JTC Acquires New York-headquartered Essential Fund Services
December 16, 2021
Financial Services
JTC Group has acquired New York-headquartered Essential Fund Services (EFS), a fund accounting and administration firm serving alternative asset managers, to expand and add scale to its US fund services platform. EFS's team and c. $5.5bn AuA will join JTC's Institutional Client Services division and will work alongside the recently acquired SALI Fund Services to broaden capabilities in the Insurance Dedicated Fund (IDF) market.
-
JTC PLC Acquires SALI Fund Services
November 18, 2021
Financial Services
JTC PLC has acquired SALI Fund Services, a US-based provider of fund administration services for Insurance Dedicated Funds (IDFs) and Separately Managed Accounts (SMAs), headquartered in Austin, Texas. The transaction represents a full exit for Long Ridge Equity Partners' Fund II investment and advances JTC's strategy to strengthen its presence in the United States and expand its insurance-related service capabilities.
-
STP Investment Services Acquires Accusource
February 13, 2020
Financial Services
STP Investment Services has acquired Accusource, an investment operations firm that provides reconciliation, general ledger integration, performance validation and data migration services to RIAs, hedge funds, family offices and asset managers. The deal expands STP's middle- and back-office outsourcing and Business Process Outsourcing capabilities, broadening its service footprint and technology-enabled offerings.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.