Waystone welcomes KBA into flagship Dublin headquarters as deal closes

      Waystone, the leading, global governance and third-party management company has today announced closure of the transaction resulting in KB Associates (“KBA”) joining the Waystone Group.

      As result of the transaction, Waystone is delighted to welcome on board 90 new team
      members and will now support European management company assets exceeding US$300bn. The agreement makes Waystone the largest UCITS fund management company in Ireland and Europe’s leading management company.

      Following the finalisation of the deal, KBA will be joining Waystone as they both relocate to a new Dublin headquarters following Waystone’s agreement to lease 52,000 sq ft of workspace at 35 Shelbourne Road, Dublin 4. Waystone will take four floors of the flagship building in order to accommodate its 600-strong Dublin workforce based in the city and is expected to occupy the building at the end of Quarter 4,2022. The new, contemporary office space offers a bright and vibrant working environment with excellent connectivity and a location in the centre of Dublin’s on-trend business quarter, benefitting both Waystone employees and its client base. The energy efficient, nZEB building design will meet the needs of a growing employee base, enhancing integration and collaboration and providing an agile and state-of-the-art working environment.

      Derek Delaney, Waystone Global CEO, commented on the deal, “KB Associates has been the pre-eminent provider of governance and compliance services in Ireland for almost 20 years. We are delighted that KBA has chosen to join our institutional partnership and we look forward to welcoming 90 talented new colleagues as part of the Waystone family. Our new headquarters at 35 Shelbourne Road is a collaborative and technically advanced space that has the benefit of being flexible enough to adapt to our future needs as we continue to grow.”

      Andrew Kehoe, KBA CEO commented, “By joining the Waystone Group, which has offices in fifteen locations across the globe, we will be able to offer our international clients a single global solution to meet their complex regulatory and governance requirements.  We are delighted to be joining the Waystone team at our new headquarters in Dublin as 2022 draws to a close.”

      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$2Tn 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, Marketing Director, Waystone

      [email protected]
      M:+39 327 751 1500

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