Corporate services provider Vistra has established a presence in Australia through the acquisition of a boutique chartered accountancy firm.
The global corporate service firm and provider of international incorporations, trust, fiduciary, private office, and fund administration services, Vistra, has announced the acquisition of the Compliance division of Foster Raffan, a boutique chartered accounting firm based in Sydney, Australia.
Commencing business under the current owners in 1995, Foster Raffan provides accounting and tax, audit, and wealth management services.
The team of 17 staff at Foster Raffan's Compliance division, led by partner, Vivien Tang, will join Vistra where she will remain responsible for her team, whilst taking up the role of Head of International Expansion in Australia within Vistra.
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«This acquisition will continue to nurture and develop the partnership which was first started with Vistra U.K. 10 years ago, and we are excited to welcome Vivien and her team to the Vistra family,» said Martin Crawford, CEO of Vistra.
Until now Vistra's only Australasian presence was via its New Zealand office. Globally it employs over 2,800 employees in 72 offices across 43 jurisdictions.
