Boston Multi Family Office has announced the acquisition of Aqua Group, a family office business based in Jersey, Malta and the UK.
Aqua Group was established in 2012 with the aim of helping families and their businesses achieve their financial expectations.
The company has been recognised with a number of industry accolades including Citywealth Gold and Trust Company of the Year awards.
Managing Director Jo Luce has also been recognised in Citywealth’s Power Women Awards for female leadership.
Boston Takeover
Announcing the acquisition, which is subject to regulatory approval, Boston CEO Katherine Ellis said it was an opportunity to bring another like-minded business into Boston.
The acquisition of Aqua Group will be the fourth such deal by Boston Multi Family Office over the past four years following earlier acquisitions of IQE Limited, Fedelta Trust Limited and Turnstone (Isle of Man) Limited’s Fiduciary business in 2023.
It supports the long-term strategy of organic and acquisitive growth business plans put into place for Boston after a management buy-out in 2019 and subsequent investment from Horizon Capital in 2023.
Boston Limited is licensed by the Isle of Man Financial Services Authority
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