Summit Group has announced the acquisition of R&H Jersey, a Jersey-based provider of trust, corporate and fund administration services.
The acquisition expands Summit Group’s service offering to include R&H Jersey’s expertise in fund administration and Jersey tax services, complementing its existing fiduciary and advisory solutions. With the addition of R&H Jersey, the Group will comprise a global team of over 370 professionals, with offices in Jersey, Guernsey, Switzerland, the UAE, the Cayman Islands, and the UK. The combined portfolio will encompass private wealth services, corporate services, fund administration, and support for Jersey and UK tax matters.
Matt Claxton (pictured), CEO of Summit Group, said: “I’m thrilled to welcome R&H Jersey into the Summit Group. The Channel Islands are a key pillar of our international strategy, and this acquisition reinforces our commitment to growth both regionally and globally. R&H Jersey shares our client-first ethos, strong cultural values and reputation for service excellence. Together, we will create a platform that supports our clients’ evolving needs and unlocks exciting growth opportunities for our people.”
Steven Ward, Managing Director at Summit Trust Guernsey, said: “This is an exciting moment for the Group and for our teams in the Channel Islands. Guernsey remains a strategic hub for Summit, and this acquisition strengthens the ties between our Guernsey and Jersey offices while broadening our cross-island expertise. R&H Jersey’s reputation and shared commitment to service excellence will bring real benefits to our clients and create new opportunities for collaboration and growth.”
Jen Geddes, Managing Partner at R&H Jersey, added: “Joining Summit Group allows us to combine our local expertise with Summit’s international scale and resources. Importantly, our clients will continue to work with the same trusted team whilst benefiting from the broad suite of services and jurisdictional access that Summit has to offer.
“We are looking forward to working with the Summit team and are excited for the future.”
