Opalesque Industry Update - Apex Group has reached an agreement to acquire the technology platform, family office network and conference business of Context365 LLC.
"This is an exciting time for both businesses and throughout all stages of this transaction, the existing clients of both Context365 and Apex Group, in addition to their subsequent investors, are our number one priority and we wanted to inform you immediately about this change," Apex said. Apex Group Ltd is a privately owned global financial services provider - Its purpose is to be the catalyst for positive change in the financial services industry to drive a more sustainable future. "Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional solutions. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey and, on the close of planned acquisitions, we will be represented by 10,000 employees across 80 offices worldwide who maintain a 99% client retention rate," it said. "Our single-source solution enables us to deliver an extensive range of services across the full value chain, to asset managers, financial institutions, corporates and family offices," it added. Apex has continually improved and evolved its capabilities to offer the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody, super ManCo services, outsourced CFO and tax services, plus business services including HR and Payroll, a digital marketing platform and a pioneering ESG Ratings and Advisory solution for private markets. These services are tailored to each client and delivered at both a Group level and via its specialist subsidiary brands. Context365 and Apex Group are committed to working together to make the integration transition as seamless as possible. "We anticipate that there will be no disruption in service levels as a result of this arrangement, and expect that all management and employees will continue to operate seamlessly under the Apex Group, thereby ensuring continuity and ongoing high service levels from your existing key contacts," it said.
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Industry Updates
Apex Group aquires Context365
Wednesday, July 13, 2022
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