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Estera acquires Heritage Financial Services

Date: 06 Jun 2017

Citywealth

Estera, the fiduciary and administration provider, has acquired the Heritage Financial Services Group (HFSG), an independent business providing third party fund administration, depositary, trust and corporate services in Guernsey, the UK and Malta.

The transaction was finalised on Monday 05 June and is subject to regulatory approvals, following which the business will be rebranded under the Estera name. HFSG employs approximately 100 people across three jurisdictions and all employees will remain with the business and become part of the Estera team.

Farah Ballands, CEO of Estera, said: “We are delighted to welcome HFSG to the Estera family; a team with an excellent reputation in client service, a value which is core to Estera.”

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