Hawksford Group Continues Expansion, Makes Singapore Acquisition

Tom Burroughes

18 March 2014

, the wealth structuring firm with offices worldwide, has continued to expand via acquisitions with the purchase of Singapore-based business, Janus Corporate Solutions. The purchase price wasn’t disclosed.

Established in 2009, Janus is a corporate services business in Singapore, providing company secretarial, accountancy, business support and immigration services. The business has over 1,500 clients and has logged revenue growth of 30 per cent year on year, Hawksford, which was formed from a management buyout in 2008, said in a statement today.

Janus has 40 employees and will continue to be run by chief operating officer, Jacqueline Low, supported by her team in Singapore and the Hawksford management team. The original founders of Janus, Amardeep Misha and Pardeep Boparai, will leave the business after a short transition period, the statement said.

Hawksford recently appointed a new chief executive, Maxine Rawlins, who was previously a partner at Ernst & Young. Prior to Ernst & Young, Maxine Rawlins led a team which grew Maples Finance into a multi-jurisdiction fiduciary services business.

In the last three years Hawksford has completed the acquisitions of Key Trust and Trustcorp Jersey Limited in Jersey and has established a presence in Switzerland and the Middle East. Its clients range from small and large corporates to ultra high net worth individuals. Hawksford offers trusts, companies, foundations, partnerships, family offices, investment fund administration, succession planning and employee solutions.

The management bought the business from Rathbone Brothers. The buyout was backed by Dunedin and the directors remain majority stakeholders. Hawksford has operating capabilities in Jersey, British Virgin Islands, New Zealand, Singapore, Switzerland and the United Arab Emirates.