SANNE today announced it has completed its acquisition of Inbhear Fund Service Limited and Inbhear Management Services Limited (together “INBHEAR”).
Founded in 2004, INBHEAR position themselves as a partner to managers who have a long-term investment horizon. Like SANNE, INBHEAR has a valued institutional client base and is well known for providing high levels of client service.
This deal is a fantastic opportunity for SANNE as it further strengthens its expertise in Dublin and adds a new strategic location like the Cayman Islands to their global office network.
Martin Schnaier, Chief Executive Officer of Sanne Group plc, commented:
“The acquisition of INBHEAR adds to SANNE’s growing pipeline, representing important continued momentum in expanding and diversifying our client service proposition and advancing our vision of becoming one of the world’s leading providers of alternative asset and corporate administration services. The addition of INBHEAR into our existing business will provide further specialist expertise to our existing and new clients. INBHEAR is led by a highly experienced and respected team that has established a platform with a focus on providing its clients with the highest quality services. This closely aligns with our own philosophy of service excellence.”
Gavin Gray, Group Chief Executive Officer at INBHEAR commented:
“We are very excited to be joining SANNE. Being part of a global plc will enable us to access an extensive range of well-established and complementary services across the Group. These will naturally add value to our clients going forward and will help us to continue to meet the ever increasing global service requirements.”