Finance & Insurance
United Arab Emirates
• Over the last 36 months the specialist M&A team has closed 5 transactions on complex deals for owner-managed businesses in excess of US$ 150mil
Dubai, United Arab Emirates, 6 September 2017: Specialist corporate finance firm, Lumina Capital Advisers Ltd (Lumina) announces the successful deal closing of UAE-based Total Solutions Middle East’s (TSME) sale to Vistra, one of the world's leading corporate service providers of company incorporations, trust, fiduciary, private client, and fund administration. Lumina, who represented the shareholders of TSME on the sale, negotiated an innovative structure for the cross-border deal with Vistra.
TSME is a leading service provider for both MNCs and financial service providers in the region in Governance, Risk, Compliance and HR services active in multiple industries and jurisdictions. Jurry de Vries, CEO of TSME, commented: “Lumina was instrumental in ensuring that our collective objectives were met, while minimizing our risk. They ran an extremely professional process and the attention to detail and deep understanding of M&A transaction issues was a key factor that contributed to the success of this deal. We have developed TSME from a single product company in a single jurisdiction into a leading multiple-product service provider. Our recent office opening in Abu Dhabi was the first move in our international expansion strategy. The Vistra acquisition was a natural next step for us in terms of offering our clients a broader services portfolio in a global network.”