International private client services provider Hawksford has secured a new majority investor.
European fund manager Star Capital Partnership will provide investment to drive the firm’s growth plans, with M&A being an integral part of Hawkford’s strategy.
The sum and majority shareholding were not revealed.
Strategy
Hawksford group chief executive Michel van Leeuwen said: “This deal is a significant vote of confidence in Hawksford’s strategy, management team, people, and ambition.
“Despite the global challenges defining 2020 and 2021, Star identified Hawksford as an attractive investment opportunity due to our stable and long-term client partnerships, sound business returns and potential for global growth. Several acquisition targets have been identified, which is why the partnership with Star represents an exciting step change in Hawksford’s successful evolution.”
Uniti Bhalla, managing partner at Star, added: “We are pleased to be partnering with the Hawksford management team as they continue to develop their platform and seek new opportunities for growth.
“We believe that Hawksford is a strong fit to Star’s investment strategy, with established operations in key global locations, a stable, long-term client base and a platform ideally suited to support value enhancing growth.”
