Oxford-based business services company Oakford Advisors has been acquired by Centralis, an alternative investor in Luxembourg.
Oakford provides back-office services to start-up and existing businesses within the financial services industry, with a particular focus on SME businesses in the investment management sector.
The deal will allow Centralis to bolster the breadth of its clientele and services internationally.
Oakford was advised on the deal by Freeths. Partner and head of corporate Leon Arnold led the team alongside associate Charlotte Collard.
They were supported by partners Claire Boyce and Stephen Jones, managing associate Nur Alzubeydi, and trainee solicitors Dean Kansu, Freya Squizzoni and Dhruv Shah.
Leon said: “It’s been a pleasure to advise the shareholders of Oakford on its sale to Centralis.
“This transaction with Oakford will be pivotal in helping to secure further international growth for Centralis since the company launched in 2017.
“The deal reflects Freeths’ full-service capabilities and sector strength.”
Jeremy Whetter, managing director of Oakford, added: “We’re extremely excited to be joining the Centralis Group, and I’m incredibly proud of what the Oakford team has achieved in the last seven years.
“We’re very grateful to Leon, Charlotte and all the Freeths team for their professionalism and focus in getting the transition executed.
“We’ve received excellent advice and service along the way and have been very appreciative of their support.”
