Two Guernsey corporate governance and regulatory compliance service providers – Active Group and Optimus Group – have announced they are to merge.
Wayne Bulpitt, founder of Active, and Peter Mills, founder of Optimus, will become joint Chairmen of the enlarged group.
“We believe this merger will enable us to set the standard in corporate governance, risk management and compliance, delivered through new technology and a vast pool of experience in all sectors, while maintaining a personal service for our clients,” said Mills.
Bulpitt added: “Our two groups share common values. As well as strengthening our position in Guernsey, together we will be better placed to develop our multijurisdiction proposition and technology-based solutions in the ever-changing world we see ahead.”
The merger is expected to go ahead at the beginning of July, subject to regulatory approval of change of control.
Active Group, founded in 2002, provides business support services including compliance and risk management, licensee management, family office support, business incubation and corporate services across six jurisdictions, including Guernsey, Malta and the Isle of Man.
Guernsey-based Optimus Group has been providing consultancy services to a wide selection of businesses across the UK and Channel Islands since 2010.