Equiom has acquired Borean Corporate & Financial Services, a trust and corporate services provider based in the Netherlands, as part of its strategy to increase the provision of services for asset managers in tier 1 jurisdictions.
Borean works with private equity firms to provide directorships and technical accounting and support services to ensure clients comply with laws and regulations.
The entire Borean team, which includes professionals from accounting, legal, trust and tax backgrounds, will join Equiom Group, continuing to operate from their existing offices in central Amsterdam.
Borean's Rob and Sander Harmzen will continue as joint Managing Directors, leading Equiom’s business in the Netherlands.
Equiom Chief Executive Officer Mark Porter (pictured) commented: "The acquisition of Borean expands Equiom’s footprint in Europe and gives us a much desired base in the Netherlands.
"The team brings significant experience of corporate and trust services in addition to longstanding client relationships and strong connections with the local tax and legal community."