Trust services provider Equiom has acquired The Heritage Trust Group, an Asian corporate services firm with offices in Singapore, Hong Kong and the British Virgin Islands.
The acquisition of Heritage follows the recent deal in Hong Kong in which Equiom purchased Equation Hong Kong (reported by finews.asia) and the announcement of Equiom's expansion into the United Arab Emirates and Qatar following the acquisition of Links Group and brings the number of Equiom Group's global offices to nine.
Established in 2002 and led by Chief Executive Officer Angelo Venardos, (pictured) Heritage Trust Group provides trust, foundation, fiduciary, corporate and accounting services.
Scale and Substance
A total of 60 staff, including the senior management team, will join Equiom Group with immediate effect. The Hong Kong team will move into Equiom's established offices and Heritage will rebrand to Equiom in January 2017. «The acquisition of Heritage Trust Group expands Equiom's jurisdictional reach into the new areas of Singapore and BVI while expanding our current team in Hong Kong. Equiom's growth strategy continues to concentrate on achieving scale and substance throughout every jurisdiction we operate in,» said Sheila Dean, Global Chief Executive Officer at Equiom.