Apex Group enters German market with acquisition of mola-administration

Mola-administration serves a range of clients, with a 10-year track record of providing fund administration services to private equity firms, venture capital, debt, special situations and digital assets funds managing €3.5bn of assets.

By joining the Apex Group, mola-administration’s client base will benefit from access to the Group’s single-source solution which includes locally delivered services across depositary, custody, digital banking, ManCo, fund administration, middle office, corporate services and an ESG Ratings and Advisory solution.

This deal further complements the Group’s geographic expansion strategy and is the latest in a series of recently announced acquisitions including BRL Trust Investimentos and MAF in Brazil, Tzur in Israel and the proposed acquisition of Mainstream Group in Australia.

Following the transaction and the integration of Mainstream Group, the employees of Hamburg headquartered mola-administration will join the Group’s 5,000 strong global team across 50 offices worldwide. With this acquisition the Group increases its overall European presence to over 2,000 people across 17 offices.

Peter Hughes, Founder and CEO of Apex Group comments: “We have long considered Germany to be a market of huge opportunity for our business and have been awaiting the right acquisition to enable our expansion into the geography.  All our strategic acquisitions are motivated by the increased value and benefits they can deliver for our clients and this further expansion of our cross-border offering in Europe will further enable the provision of expert local market support. The addition of mola-administration to the Group continues to strengthen the geographic footprint and reach of our single-source solution, enabling us to seamlessly support our clients, regardless of their location.”

Frank Falkenberg, CEO of mola-administration GmBH adds: “We are excited to become part of the Apex Group and the benefits that their international reach and depth of product offering will deliver for our clients. Apex’s respected global brand and experts, as well as their wide range of innovative client services such as ESG reporting and advisory are underpinned by leading technology which will benefit our current and future clients throughout the lifecycle of their funds. As part of the Apex Group we will be able to generate significant value for the clients and we look forward to the future together.”

Financial terms of the transaction were not disclosed. Simmons & Simmons provided legal counsel to Apex Group. Network Corporate Finance GmbH & Co. KG provided financial advisory and Heuking Kühn Lüer Wojtek provided legal counsel to mola-administration.

About Apex

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 50 offices worldwide and 5,000 employees upon the close of announced acquisitions, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.

www.apexgroup.com

About mola-administration

Die professionelle Administration von Fundvehikeln ist nicht nur unser Beruf, wir sehen sie auch als unsere Berufung.

Unsere Mitarbeiter sind schon seit bis zu 20 Jahren im Bereich der Fundadministration für Sie tätig. Zum Teil haben sie zuvor selbst viele Jahre bei General Partnern langjährige Erfahrungen gesammelt und können diese jetzt praxisnah an Sie weitergeben.

Aktuell verwalten wir nationale und internationale Venture Capital, Later Stage, Special Situation, Debt und Crypto Currency Vehikel mit einem Gesamtvolumen von ca. €3,5 Mrd. Dabei administrieren wir sowohl Ihre Fundvehikel als auch Ihre Side- und Carrygesellschaften.

Neben unserer Erfahrung und unserer hohen Professionalität verfügen wir über einen speziellen Mix aus serviceorientierten Mitarbeitern, die fähig sind, Ihre Probleme für Sie zu lösen. Damit gewährleisten wir die Kompetenz, die Sie für Ihre individuelle Betreuung benötigen.

https://www.mola-administration.de/

Press contacts:

Apex Group: Antonia Powell, Head of Media Relations | antonia.powell@apexfs.com | +44 (0) 7789902279