Adepa acquires the luxembourg based fund and corporate services provider Fidupar.
The combination of Adepa's extensive expertise and Fidupar's specialized services is poised to create a powerhouse in the financial services sector, enhancing Adepa's position in Luxembourg and strengthening its capabilities in the alternative investment sector
Luxembourg, January 22, 2024 — Adepa, a leading global asset servicing group, is pleased to announce the signing of a definitive agreement for the acquisition of Fidupar, a Luxembourg-based company specializing in fund and corporate services regulated by the Commission de Surveillance du Secteur Financier (CSSF). The acquisition is subject to regulatory approval.
This strategic acquisition marks a significant milestone in Adepa's expansion plans , solidifying its standing as a key player in the financial services sector. The transaction is anticipated togenerate synergies that will significantly enhance the group's fund administration and transferagent capabilities, particularly in the realm of alternative investments. This move aligns seamlessly with Adepa's long-term growth strategy, underscoring its commitment to providing comprehensive and innovative solutions to clients, encompassing ManCo/AIFM, fund administration and investor services.
Fidupar has established itself as a trusted partner in the financial services sector, offering a range of specialized solutions tailored to meet the unique needs of clients in fund administration and corporate services. The acquisition enables Adepa to reinforce its historical positioning in Luxembourg, a pivotal hub for international finance and investment, while also opening up opportunities in new markets , such as France and Belgium. Adepa's CEO, Carlos Alberto Morales, expressed enthusiasm about the acquisition, stating, "We are excited to welcome Fidupar into the Adepa family. This strategic move aligns with our goal to strengthen our capabilities and expand our global reach. The expertise and market knowledge that Fidupar brings to the table will undoubtedly complement our existing strengths, fostering growth and innovation."
In response to the acquisition, Frédéric Collot and Nicolas Montagne, Managing Directors of Fidupar, stated, "We are excited to join forces with Adepa, a move that aligns with our shared commitment to delivering exceptional financial services. This strategic collaboration will bring added value to our clients and open up new opportunities for growth."
ADEPA is an independent strategic partner of asset and wealth managers, headquartered in Luxembourg, providing a one-stop-shop for all activities required to establish, operate, distribute, administer, and comply with regulatory requirements for any type of fund structure, irrespective of the fund’s domicile.
ADEPA has UCITS and AIFM licenses covering a comprehensive range of asset classes including listed equities, fixed income, real estate, private equity, derivatives, infrastructure, and private debt funds. The company has a passport to service fund promoters across the EU from Luxembourg. Core services include Super ManCo, fund administration, corporate services, and a range of investor services such as transfer agent. ADEPA Group also has subsidiaries in Spain, Italy and Chile through which it provides fund administration and investor services to asset and wealth management companies. In 2022, the group announced the signing of a strategic alliance with Banco Inversis, a wholly owned subsidiary of Banca March. Within the framework of this alliance, Inversis acquired a qualified stake in the group.
Fidupar, established in the early 2000s from the merger of the financial engineering departments
of two well-known banks, is an Investment Firm in Luxembourg with decades of experience as a
Professional of the Financial Sector.
Authorized and supervised by the CSSF as administrative agent, registrar, domiciliation agent,
professional of incorporation and management services, and family office, Fidupar offers a
comprehensive range of financial services, including corporate services for non-regulated
companies and UCI administration services for Alternative Investment Funds.
With a team of multilingual professionals, Fidupar is committed to delivering excellence in financial
solutions for private clients, entrepreneurs, institutionals, and global groups, thanks to extensive
business vision and thorough know-how.