PR88256

ST. HELIER, Jersey, March 1, 2021 /PRNewswire=KYODO JBN/ --

- International corporate, private client and fund services provider Hawksford

is embarking on its next phase of accelerated growth, having secured a new

majority investor

STAR Capital Partnership LLP (STAR), a leading European fund manager, will

provide investment capital to drive accelerated growth of the Hawksford

business. M&A will be an integral part of STAR and Hawksford's growth strategy,

particularly where geographical expansion enhances the Company's high quality,

client focused service offering.

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 We look forward to working as

partners to deliver this growth."

STAR Capital is a private equity firm focused on developing strategic

asset-based businesses in Western Europe.

Uniti Bhalla, Managing Partner of STAR, said:

"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."

The deal was negotiated by management with both STAR Capital and the incumbent

investor Dunedin, which will retain a minority stake in the business. The deal

completed on the 25 February after receiving regulatory approval in each of the

relevant jurisdictions that Hawksford operates in. Hawksford will be supported

by Crescent Capital Group LP via its European Special Lending strategy on

financing.

Photo -

https://mma.prnewswire.com/media/1444852/Hawksford_Michel_van_Leeuwen.jpg

Logo - https://mma.prnewswire.com/media/1444853/Hawksford_Logo.jpg

Source: Hawksford