Opera Group has announced the proposed acquisition of Meritus Trust Company based in Bermuda.
The transaction is subject to regulatory approval.
Meritus was founded in 2010 and provides fiduciary services to select ultra-high-net-worth international families and multinational corporations.
Kim Sgarlata, Group CEO and Executive Director, commented: “Opera was created to do something rare in financial services – to build a values-led group with long-term capital, where people come first and alignment matters. Our partnership with Meritus reflects that vision – their team and ethos align strongly with ours, and we’re proud to be building this next chapter together.
“This completes an intentionally sequenced and focused phase of growth, bringing together businesses that share our values and complement each other across services and jurisdictions. By addressing core questions around offering, infrastructure, governance, brand and culture in one coordinated step, rather than revisiting them with each transaction, we’ve created a strong foundation for the future.
“Opera now moves into a new chapter focused on thoughtful integration, collaboration and long-term growth. For us, this isn’t just growth. It’s growth with meaning and built to last.”
Michelle Wolfe, Chair and Founding Partner of Meritus, added: “At Meritus, we have always believed in building long-term, meaningful relationships with the families we serve. Our goal has always been to honor the past while building momentum for tomorrow, and in Opera, we’ve found a partner who understands both the responsibility and opportunity of that vision.
“As expectations rise and the industry evolves, we are proud to help lead the next chapter, grounded in our values and strengthened by Opera’s global reach and shared philosophy.”
Pictured: Kim Sgarlata and Michelle Wolfe
