Centralis Group expands with Admina Fund Services acquisition
LUXEMBOURG CITY, LUXEMBOURG — Centralis Group, a market-leading outsourced corporate and alternative investment services provider, has announced its acquisition of Admina Fund Services, marking an expansion into the Channel Islands market.
Enhanced service portfolio
Admina Fund Services, based in Guernsey, integrates its extensive experience in fund administration and corporate services, specializing in regulated and unregulated funds, listed and unlisted partnerships, and various corporate structures. This complements Centralis’ existing suite of services, which includes corporate treasury, fund administration, debt administration, and specialized financial services.
“The acquisition of Admina is another important milestone for us as we expand our breadth of services to our Alternative and Corporate client base,” said Aidan Foley, CEO of Centralis.
“Admina will take us into the strategically important Channel Islands and also expand our fund administration capability.”
Christine Whitehorne, Admina Director, emphasized the preservation of their service approach: “This opportunity allows us to maintain our boutique approach, offering highly personal levels of service together with the additional support and strength of a global network.”
Strategic growth and market position
The acquisition strengthens Centralis’ global presence, which now spans 16 locations across 12 countries, including Barbados, Canada, Cayman Islands, Hungary, Ireland, Netherlands, Switzerland, the United Kingdom, Uruguay, and the United States. The company provides tailored administrative, governance, and global expansion solutions to multinational organizations, private markets clients, and real estate firms.
With a workforce of over 425 professionals, Centralis has demonstrated robust growth, with annual revenue of $62.1 million and having increased its employee count by 9% in the previous year.