Sanne, the UK Main Market listed corporate, fund and private client services provider headquartered in Jersey, has entered into an agreement to buy Chartered Corporate Services (CCS), a Dublin based corporate services business that specialises in the delivery of company secretarial, liquidations, payroll and VAT reporting services.
The transaction, which is due to complete at the end of February, will complement Sanne’s existing corporate services offering in Dublin.
Sanne’s chief executive, Dean Godwin, commented: ‘The acquisition of CCS is aligned to our strategy of acquiring businesses that support existing growth opportunities and deliver greater jurisdictional and product diversity. CCS is a great business and will complement our existing operations in Ireland, delivering additional scale and product capabilities across our corporate and institutional service offering.’
Established in 2005, CCS has a team of experienced company secretaries, accountants and administrators that provides clients with a range of corporate secretarial, company administration and liquidation services. The business has a variety of clients including financial institutions, investment funds, and corporates.
Ross Burns, managing director at CCS, added: ‘CCS has successfully built its corporate services business over the past 10 years. We are delighted to be joining Sanne, who are recognised within the corporate and fund administration sector as delivering a very high level of client service. This approach fits with CCS’s own service ethos and we are confident that we can continue to develop the breadth and quality of our service offering as we integrate our team into Sanne’s operational platform, both in Dublin and internationally.’
Sanne is a specialist global provider of outsourced corporate and fund administration, reporting and fiduciary services. Established for over 25 years and listed on the Main Market of the London Stock Exchange, Sanne employs more than 350 people worldwide and administers structures and funds that have in excess of €100 billion of assets.