Foulger Underwood, acting as sell-side advisers, represented JP Integra, a Cayman-based fund administrator, on their recent sale to ZEDRA.
The transaction, which is subject to regulatory approval and is expected to complete in the first half of 2019, substantially increases ZEDRA's capabilities in providing the most appropriate structuring and administrative solutions to its international clients.
JP Integra is a leading, Cayman-based provider of fund, corporate and trustee services. The firm has developed a reputation for its personalised service and has won multiple industry awards for its fund establishment and administration services and currently has assets under administration in excess of US$6bn.
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For more about the ZEDRA/JP Integra deal, click here.