Global corporate, private client, and fund services provider, Hawksford has recently acquired ACT Management Services, a Dutch corporate services and financial management company.
The strategic acquisition forms part of Hawksford’s global expansion strategy, demonstrating their commitment to growth in key financial markets; with the Netherlands acting as a key gateway to Europe, offering another European structuring option for the Group’s clients.
ACT is a privately-owned boutique firm operating in the corporate services and financial management industry. Based in the Netherlands, it provides management, domiciliation and corporate services to a wide range of clients globally, including multinational corporations, public and private companies.
ACT focuses on providing high-quality and reliable solutions, while adding value and supporting true economic substance for its clients.
The acquisition will provide ACT’s clients with opportunities to reach new markets globally, while benefiting from Hawksford’s longstanding expertise and experience in key regions, including the Asia-Pacific, Africa and the UK. All members of the ACT team will remain in their current positions, with no change of service to clients.
Robbert Frassino, founder and majority shareholder of ACT, commented: “We are delighted and enthused with the integration of our activities by Hawksford. This acquisition represents excellent opportunities for both our customers and our team in terms of support and access to extended services in different jurisdictions.”
Robert’s colleague and fellow Managing Partner Justin Verbond, said: “This is a pivotal step for ACT, we are eager to provide our clients with new opportunities and access to a broader range of services through the Hawksford group.
“We will continue to provide our clients with the high standard of service they expect from us, and we are excited about our future as part of the Hawksford family.”
Both Robert and Justin will continue to lead Hawksford Group’s operations in Amsterdam ensuring stability and service as usual during the transition period.
Michel van Leeuwen (pictured), Group Chief Executive for Hawksford, said: “Hawksford’s acquisition of ACT fits our strategic expansion plans into budding markets building our capabilities where client and customers anticipate growth.
“ACT’s forward-thinking and client-centric mind-set together with their expertise in delivering boutique and customised corporate solutions and services are a natural fit with Hawksford, its culture, values and services.
“Extending our European footprint will allow us to maximise the opportunities available to our clients providing greater access and services for businesses in the region.”
The acquisition represents the next step in Hawksford’s growth journey with STAR Capital and follows on from the acquisitions of Pearse Trust and Griffon Solutions in 2022.
