Oak group has officially transitioned to private ownership under Opera.
Opera is a new holding company backed by Pula, the family office of Stephen Lansdown, co-founder of Hargreaves Lansdown, along with like-minded shareholders such as Sealyham, the family office of Tom Scott.
This milestone marks the beginning of a new era for Oak Group as the first business within Opera’s portfolio. Guided by Project Overture, Opera’s ambitious five-year strategic plan, this transition sets the stage for thoughtful growth.
Opera, which stands for O for Oak, P for Pula, and E-R-A for a new era in financial services, reflects the company’s vision of transformation and excellence.
Kim Sgarlata, Group Chief Executive Officer, commented: “Stephen Lansdown’s investment is not just financial—it’s a testament to his belief in Opera’s potential to redefine our industry. With the launch of Opera and Project Overture, we are committed to transforming where and how we do business, leveraging innovation, talent, and a forward-thinking culture to deliver unparalleled value to our clients and stakeholders.”
Stephen Lansdown added: “The launch of Opera and its acquisition of Oak Group is about building a portfolio of businesses that exemplify excellence in fiduciary, corporate, and fund administration services. With this new ownership structure, we are laying the groundwork for long-term, sustainable growth. I am excited to work closely with Kim and the team as we expand the Opera portfolio and strengthen our position as a leader in the industry.”
Pictured: Left to right – Stephen Lansdown and Kim Sgarlata
