Centaur, the Ireland-headquartered provider of fund administration services to the alternatives sector, has reached agreement to become part of the Waystone Group, subject to regulatory approval. With offices in U.S., 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 globally. Upon completion of the deal, Centaur’s institutional investor, FTV Capital, will exit.
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. Earlier this year Waystone agreed to buy KB Associates in Ireland.