Estera, a provider of global fiduciary and administration services with a big presence in the Cayman Islands, has acquired Guernsey-based Morgan Sharpe Administration and rebranded the business.
The deal will see Morgan Sharpe, rebranded under the Estera name to become Estera Administration (Guernsey).
Serena Tremlett, director of Estera in Guernsey, said: “We are proud of our heritage and the foundations we have built as Morgan Sharpe. In order to build on that success and move forward as a global business, it is important that we continue to grow and align ourselves with the Estera brand and values. The completion of this transaction marks an exciting, new chapter for our team and clients who will benefit from an even greater choice of service and jurisdictions as part of a global group.”
Estera, CEO, Farah Ballands added: “We are delighted to formally welcome the team at Morgan Sharpe to the Estera group. They bring a wealth of experience in fund administration to our team and we look forward to working with them to expand our presence in Guernsey, an important market and jurisdiction for the Estera group.”
Estera, Acquisition, M&A, Cayman Islands, Morgan Sharpe Administration, Guernsey