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Vistra Acquires Netherlands-Based Family Office Services Firm

Tom Burroughes

17 December 2013

, the corporate services group, has acquired HVK Family Office Services, part of Netherlands-based consultancy HVK. Terms of the acquisition were not disclosed in the statement, issued yesterday by Vistra.

Founded in 2011 by a group of former PwC professionals, HVK is an independent consultancy firm in the areas of tax advice, tax structuring, family office services, legal and notarial services and financial advisory services.

Vistra said the deal will add to its recently-launched family office services division, adding further to revenue growth.

“The existing international network of HVK FOS could also be a logical starting point for a swift international expansion through selective add-on investments in existing Family Office Services practices,” Sjaak ten Hove, managing director and global head of family office services at Vistra Netherlands, said.

Jac Veeger, director of HVK FOS, will lead the family office services division in the Netherlands, while Sjaak ten Hove will become global head of family office services, alongside his current role as managing director for Vistra Netherlands.

HVK FOS is expected to be rebranded under the Vistra umbrella during the first quarter of 2014.

Vistra operates in 29 locations globally with a network spanning 20 jurisdictions. It is part of the OV Group, which includes Offshore Incorporations Limited Group, the Asian company formation specialist and Vistra.