Bedell Cristin Jersey advise on sale of Seymour Trust Company Limited to First Names Group17 Nov 2014
Bedell Cristin is delighted to announce its involvement in the recent sale of leading Jersey trust company and corporate services business, Seymour Trust Company Limited, to the First Names Group.
The acquisition, which is First Names Group's seventh since July 2012, sees two industry-leading businesses combining forces and cements First Names Group's position as one of the largest trust and corporate service providers in Europe.
Jonathan Scott Warren, the co-founder and financial director of Seymour Trust Company Limited comments:
"This is a fantastic opportunity for us and everyone at Seymour is excited at the prospect of being part of a much wider network. I have been really impressed with First Names Group both in terms of commitment to their people and determination to being the industry leader. I am very much looking forward to the integration and working together to ensure we deliver the best possible customer service to our combined portfolio."
On the involvement of Bedell Cristin, Jonathan added:
"We are very grateful to Bedell Cristin for their professionalism, advice, and support throughout the process."
Bedell Cristin's corporate team, led by partner Tim Pearce and assisted by senior associate Simon Morris, acted as sole legal counsel to the sellers, providing corporate and commercial, employment and regulatory advice throughout the sale process.
Tim Pearce commented:
"Having recently provided legal advice in a significant number of similar local fiduciary mergers and acquisitions, Bedell Cristin was delighted to act for the sellers of Seymour Trust Company Limited. By drawing on the extensive experience and expertise of its lawyers, Bedell Cristin was once again able to demonstrate why its corporate and commercial team is ranked as a first tier firm by, among others, The Legal 500."
For further information please contact Tim Pearce or Simon Morris.