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Dunedin-backed Hawksford acquires L-S&S

26 Sep 2011

Hawksford, a trust company backed by UK mid market private equity firm Dunedin, has acquired Zurich-based wealth management law firm L-S&S for an undisclosed sum.

L-S&S provides specialist advice on all aspects of wealth planning and structuring, particularly using international and offshore trusts, private trust companies and other asset-holding structures.

Hawksford, a trust company backed by Dunedin and based in the Channel Islands, was established in 2008 following a management buy-out of Rathbone Trust Company Jersey Limited.

“This acquisition is illustrative of Hawksford’s plans to expand its range of services and its international network and follows a period of active growth since its management buyout less than three years ago,” said Dunedin managing director, Shaun Middleton, who sits on Hawksford’s board.

“The deal also exemplifies the approach that Dunedin typically takes to supporting the growth ambitions of its investee companies – both by pursuing an active buy and build acquisition strategy and by strengthening geographic footprint. We are increasingly involved in growing businesses on an international level,” he added.

Dunedin has invested £111m into four companies in the last 15 months.

In July this year, the firm bought Red Commerce, a supplier of business management software solutions experts to international corporations and consultancies, from UK private equity firm Inflexion for £44m (€48.7m).

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