We advised Palatine Private Equity

SMP Partners is an international trust and fund administration services provider, formed out of the management buyout from Fortis Intertrust in 2007. The business is headquartered in the Isle of Man and also delivers services from Europe (Jersey, Switzerland and Malta), Asia (Hong Kong) and America (Cayman Islands and Bahamas).

The deal was structured to allow the next tier management team to invest and lead NewCo, backing them to drive future growth in the business. The investment built on Palatine’s expertise in the financial and professional services sectors and represented their first investment in the trust and fund administration sector.

Why us?

Our Deal Advisory team supported Palatine through the process with a range of buy-side advisory services. We provided a hands-on approach at an early stage, helping Palatine to assess the opportunity and support the investment with sector specific knowledge and expertise. Our buy-side services included an Exit Review to support Palatine’s investment thesis, delivery of an acquisition financing model to be used pre and post transaction and overall process management and support.

“The MBO of SMP Group represents a fantastic deal for Palatine and having achieved success across a number of investments within the financial services sector, we were keen to augment our knowledge with specialist expertise for our first investment in the Trust and Corporate services space.

Paul and Fred at Mazars provided integral sector expertise throughout the transaction, supporting our investment thesis with tailored, sector specific insight and advice. Involving Mazars at an early stage was essential to the overall success of the deal as they helped us assess an opportunity in a new sector for Palatine. Their hands-on approach was also critical in delivering the transaction quickly and efficiently. We very much look forward to working with Paul, Fred and the Mazars Deal Advisory team again in the future”

Andy Strickland, 
Senior Investment Director, Palatine Private Equity

Get in touch

If you would like any further information on this transaction or to understand how we can help support your business, please contact Paul Joyce below.