Bedell Cristin has represented Jersey financial advisory firm Advisa in its merger with Vantage Wealth.
The merger involved Polygon Group, the parent company of Vantage Wealth, becoming a significant shareholder in the Advisa Group, and Vantage transferring its book of wealth management business to Advisa.
The combined business will operate as Advisa Wealth and be located at Advisa’s offices in St Helier.
Bedell Cristin's team, which provided support to Advisa on all legal aspects of the merger process, included Partners Guy Westmacott and Partner Richard Le Liard, and Associates Craig Geraghty and Natasha Bairstow.
In addition, the corporate and family office team at Investec Bank (Channel Islands) has supported Polygon Collective in facilitating the purchase of its shareholding in Advisa Group.
Earlier this year, Polygon entered into a share purchase agreement with Advisa to acquire up to 50% of the issued share capital over a three-year period.