Waystone and KBA complete merger
03 October 2023 Ireland
Image: yalcinsonat/stock.adobe.com
Risk and compliance solutions provider Waystone and UCITS management company KB Associates (KBA) have completed the merger of their Irish management companies.
The merger creates a management company with €175 billion in assets under management, benefiting from KBA’s UCITS-focused experience and Waystone’s alternatives knowledge.
Waystone gains 100 KBA consultation across Ireland, London and Luxembourg, helping Waystone Group to develop its geographical reach. The companies have implemented a single global solution across the locations, developing an enhanced governance structure and a consistent operation model.
Waystone is also in the process of finalising its Link Fund Solutions acquisition.
Rachel Wheeler, global management company solutions CEO at Waystone, says: “The integration programme team have worked to ensure a true and seamless integration of KBA into the Waystone Group.
“The integration has facilitated the implementation of a new and simplified operating model, meaning we are now even better equipped to provide comprehensive and innovative solutions to our clients as they continue to navigate an increasingly complex regulatory landscape.”
Andrew Kehoe, CEO of Waystone Management Company, comments: “Having integrated our organisations, we look forward to delivering substantial benefits to our clients. By combining the expertise and depth of experience of both organisations, we’ve expanded our suite of services to create an unrivalled ManCo offering.”
The merger creates a management company with €175 billion in assets under management, benefiting from KBA’s UCITS-focused experience and Waystone’s alternatives knowledge.
Waystone gains 100 KBA consultation across Ireland, London and Luxembourg, helping Waystone Group to develop its geographical reach. The companies have implemented a single global solution across the locations, developing an enhanced governance structure and a consistent operation model.
Waystone is also in the process of finalising its Link Fund Solutions acquisition.
Rachel Wheeler, global management company solutions CEO at Waystone, says: “The integration programme team have worked to ensure a true and seamless integration of KBA into the Waystone Group.
“The integration has facilitated the implementation of a new and simplified operating model, meaning we are now even better equipped to provide comprehensive and innovative solutions to our clients as they continue to navigate an increasingly complex regulatory landscape.”
Andrew Kehoe, CEO of Waystone Management Company, comments: “Having integrated our organisations, we look forward to delivering substantial benefits to our clients. By combining the expertise and depth of experience of both organisations, we’ve expanded our suite of services to create an unrivalled ManCo offering.”
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