Centaur Update

Centaur Update

Centaur Update PR

Centaur a leading global provider of fund administration services is pleased to announce that, subject to regulatory approval, it has reached agreement to become part of the Waystone group.

Centaur a leading global provider of fund administration services is pleased to announce that, subject to regulatory approval, it has reached agreement to become part of the Waystone group.

Headquartered in Ireland and with offices in the USA, Canada, Bermuda, the Cayman Islands, Luxembourg and the UK, Centaur employs over 220 staff and provides fund administration and fiduciary services to over 120 client groups across the globe. Centaur is known for its deep pool of management talent and high-quality client service.

Waystone is an institutional provider of governance, risk and compliance services to the asset management industry with fourteen offices across Europe, North America and Asia. The business combination will provide a unique, comprehensive array of services to asset managers across the globe.

Ronan Daly, Founding Partner at Centaur commented, “As we look at the next phase of our growth, combining with Waystone is a logical next step for our business, bringing a complimentary array of services to our clients and helping us drive our future growth. All of our senior team will be staying with the business and we look forward to the next stage of our journey with Waystone.”

Derek Delaney, Global CEO, Waystone comments, “For Waystone, this deal represents a major achievement as, with Centaur, we are gaining a highly-experienced senior management team with similar culture and values and we will also gain additional global locations including New Jersey, Bermuda and Canada. We are quietly proud that Centaur has chosen to join the emergence of the only truly international Irish financial services firm."

The Centaur team would like to acknowledge the tremendous support they have received from their institutional investor, FTV Capital, who will exit the group when the transaction completes.

Centaur was advised on the transaction by Macquarie and Willkie Farr & Gallagher and the Centaur management team was advised by Key Capital and McCann Fitzgerald. Waystone was advised by Matheson.
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About Centaur Fund Services
Founded in 2009, Centaur provides fund administration services to some of the world’s largest institutions, servicing over 120 different client groups who manage in excess of $200 Bn. Its experienced team, combined with operational excellence, is core to its success. With office locations in North America, the UK, Bermuda, Ireland and Luxembourg, Centaur delivers independent fund administration and regulatory services to hedge funds, funds of funds, private equity and real estate funds, insurance-linked securities funds, family offices and institutional investors, across the globe.

Press Contact: Ronan Daly

About Waystone
Waystone is the leading provider of institutional governance, risk and compliance services to the asset management industry.

Partnering institutional investors, investment funds and asset managers Waystone builds, supports and protects investment structures and strategies worldwide. With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now supporting asset managers with more than US$1Tn in AUM.

Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

Press Contact: Alison Mitsas

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