Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, March 01 2021 - 19:00
AsiaNet
New private equity investor to drive Hawksford growth strategy
ST. HELIER, Jersey, March 1, 2021 /PRNewswire-AsiaNet/ --

- International corporate, private client and fund services provider Hawksford 
is embarking on its next phase of accelerated growth, having secured a new 
majority investor

STAR Capital Partnership LLP (STAR), a leading European fund manager, will 
provide investment capital to drive accelerated growth of the Hawksford 
business. M&A will be an integral part of STAR and Hawksford's growth strategy, 
particularly where geographical expansion enhances the Company's high quality, 
client focused service offering.

Hawksford Group Chief Executive Michel van Leeuwen said:

"This deal is a significant vote of confidence in Hawksford's strategy, 
management team, people, and ambition. Despite the global challenges defining 
2020 and 2021, STAR identified Hawksford as an attractive investment 
opportunity due to our stable and long-term client partnerships, sound business 
returns and potential for global growth. Several acquisition targets have been 
identified, which is why the partnership with STAR represents an exciting step 
change in Hawksford's successful evolution We look forward to working as 
partners to deliver this growth."

STAR Capital is a private equity firm focused on developing strategic 
asset-based businesses in Western Europe.

Uniti Bhalla, Managing Partner of STAR, said:

"We are pleased to be partnering with the Hawksford management team as they 
continue to develop their platform and seek new opportunities for growth. We 
believe that Hawksford is a strong fit to STAR's investment strategy, with 
established operations in key global locations, a stable, long-term client base 
and a platform ideally suited to support value enhancing growth."

The deal was negotiated by management with both STAR Capital and the incumbent 
investor Dunedin, which will retain a minority stake in the business. The deal 
completed on the 25 February after receiving regulatory approval in each of the 
relevant jurisdictions that Hawksford operates in. Hawksford will be supported 
by Crescent Capital Group LP via its European Special Lending strategy on 
financing.

Photo - 
https://mma.prnewswire.com/media/1444852/Hawksford_Michel_van_Leeuwen.jpg 
Logo - https://mma.prnewswire.com/media/1444853/Hawksford_Logo.jpg

Source: Hawksford
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