Following the previous statement in October 2019 whereby CBPE Capital committed to invest in Centralis Group, all regulatory approval has now been received and the transaction was successfully closed on 07 May 2020.
Centralis offers a full range of corporate services, treasury services and debt administration services to its global client base. The company has established itself as a leading provider with the experience and expertise to provide a customer-centric and tailored service to its clients. The group, which employs almost 150 experienced professionals, is headquartered in Luxembourg, with offices in eight additional countries globally.
Centralis will be led by its incumbent senior management team, who joined the business in 2011. Centralis was founded in 2006 by partners of Wildgen, a leading Luxembourg law firm, who will realise their stake in Centralis and step down from the Board as part of this transaction.
CBPE will partner with management to accelerate Centralis’ international growth strategy, combining continued organic growth with a buy-and-build strategy to increase its geographical network and service capabilities to meet clients’ demands for a sophisticated global provider.
Wildgen acted as legal advisor to Centralis and its shareholders, Deloitte Luxembourg acted as M&A advisor and Allen & Overy Luxembourg acted as legal advisor to management.