Silverfleet Capital, the European Private Equity firm has agreed to buy fund services firm Ipes* in a £50m transaction from RJD Partners. Completion of the deal remains subject to final regulatory approval. This new backing will provide a platform for Ipes to move to the next stage in its development with Silverfleet Capital and management planning to grow the business organically and through acquisition with a focus on international expansion.
Ipes was originally founded in Guernsey in 1998 by Connie Helyar and Peter Gillson with just five people and a vision to pioneer a specialist approach to private equity fund administration, the success of which is evidenced by the firm’s consistent growth and client base. Today Ipes employs 130 people and services more than 90...
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