Apex Group Ltd., a global financial services provider, has acquired Mola-Administration GmbH, a German fund administrators. This strategic acquisition is part of the Group’s efforts to expand a local presence in Germany. Mola-Administration serves a range of clients, with a 10-year track record of providing fund administration services to private equity firms, venture capital, debt, special situations and digital assets funds.
Peter Hughes, founder and CEO of Apex Group commented, “We have long considered Germany to be a market of huge opportunity for our business and have been awaiting the right acquisition to enable our expansion into the geography. All our strategic acquisitions are motivated by the increased value and benefits they can deliver for our clients and this further expansion of our cross-border offering in Europe will further enable the provision of expert local market support. The addition of Mola-Administration to the Group continues to strengthen the geographic footprint and reach of our single-source solution, enabling us to seamlessly support our clients, regardless of their location.”
Source: Mergers&Acquisitions
By John Melendez
