Waystone and Centaur featured in Investment Officer Luxembourg
January 18, 2023
Waystone has added fund administration to its range of offerings now that its acquisition of Centaur Financial Services has obtained regulatory approval and been completed.
Waystone acquired Centaur by buying a majority stake from FTV Capital, a San Francisco-based venture capital and private equity firm. FTV has held a “significant growth investment” in Centaur since 2020 and with this transaction exited its investment. Financial details were not disclosed.
“Adding Centaur into the Waystone Group is a first, both for us and for the ManCo industry,” said Cyril Delamare, Waystone’s chief growth officer. “Centaur are best in class at what they do, and we’re excited to be adding fund administration into our already existing portfolio of services. This move strengthens our ambition to become the first Irish-led global financial services firm.”