Vistra Strengthens Capital Markets Business with Acquisition of Canyon CTS

PR72761

HONG KONG, March 20, 2018 /PRNewswire=KYODO JBN / --

Vistra, one of the world's leading providers of international incorporations,

trust, fiduciary, private office, and fund administration services, has

announced the acquisition of Canyon CTS ("Canyon"), a boutique capital markets

corporate and trust business headquartered in Shannon, Ireland, with offices in

Dublin and New York. This sees Vistra's presence in Ireland grow significantly,

following the acquisition of Dublin based Squires Gilbride last month and the

acquisition of the Corporate Services business of Deutsche Bank's Global

Transaction Banking division announced in 2017, which operates in eight

jurisdictions including Ireland.

     (Logo: https://mma.prnewswire.com/media/631530/Vistra_Logo.jpg )

Canyon provides corporate and trust services for structured finance deals;

corporate restructuring support and services in relation to the aircraft

leasing industry including Asset-Backed Securitisation ("ABS") transactions.  

It has recently been appointed on three aircraft leasing ABS contracts as the

Managing Agent.

Founded in late 2014, Canyon has grown to a team of 32 and will remain the same

under Vistra, with existing Managing Director, Andrew Ryan, continuing to lead

the business forward.

Commenting on the acquisition, Martin Crawford, CEO of Vistra, said: "The

experienced team at Canyon has built a distinguished reputation for themselves

in a short space of time, growing the business exponentially. Over this time,

Vistra has developed a strong relationship with their business and we have seen

the importance of Ireland in the capital markets sector, in particular in

aircraft leasing. Strengthening our presence in Ireland through this

acquisition will also enable us to extend our client offerings. We are

delighted to welcome Andrew Ryan and his team to the Vistra family."

Andrew Ryan, Managing Director of Canyon, added: "In a relatively short period

of time, our presence in the market has grown tremendously and we have built a

reputation as a strong player in the aircraft leasing market.  We are excited

to join Vistra; their well established businesses in countries like the

Netherlands and Luxembourg will leverage our services and provide our clients

with further links to local onsite support. This acquisition is the next

stepping stone for all of us at Canyon as we develop our services and expertise

in partnership with Vistra."  

http://www.vistra.com/about-us

http://www.canyoncts.com

Source:  Vistra Group