Trust and corporate service provider Parish Group has been acquired by APQ Global Limited, a portfolio holding company listed on the London Stock Exchange’s AIM market and The International Stock Exchange in Guernsey.
The acquisition will allow the Guernsey and Alderney based organisation to expand its services into international markets via APQ’s global network of advisors and its presence in London, the Isle of Man and the Cayman Islands.
Established in 2010, Parish Group founders Arran and Charlotte Grisley will continue to lead the business with APQ’s CEO Bart Turtelboom joining the board of directors.
Managing Director of Parish Group, Arran Grisley said: “APQ’s large, international network will enable us to access new markets, providing our clients with valuable services from a single, trusted provider. We will continue to offer personal client service for a fair and reasonable fee. It’s good news for Guernsey; with a global reach the Parish Group will continue to grow, which will create new jobs in the island.”
APQ Global has deployed its capital across Asia, Latin America, Emerging Europe, the Middle East and Africa. The acquisition of the Parish Group serves to bolster APQ’s presence in the Channel Islands, in line with the company’s expansion strategy.
APQ Chief Executive Officer, Bart Turtelboom said: “This acquisition demonstrates our ambitious growth plans. Parish Group has an experienced management team with extensive knowledge and expertise in fiduciary services. I am looking forward to working closely with the team and helping to take Parish Group to the next level.”
