On January 13, Willkie client FTV Capital completed the sale of its majority stake in portfolio company Centaur to the Waystone Group, the leading institutional provider of services to the asset management industry.
Founded in 2009, Centaur provides fund administration services to some of the world’s largest institutions, servicing over 120 different client groups who manage in excess of $200 billion. With office locations in North America, the UK, Bermuda, Ireland and Luxembourg, Centaur delivers independent fund administration and regulatory services to hedge funds, funds of funds, private equity and real estate funds, insurance-linked securities funds, family offices and institutional investors, across the globe.
Waystone is an institutional provider of governance, risk and compliance services to the asset management industry with 14 offices across Europe, North America and Asia. The business combination, announced in March 2022, is expected to provide a unique, comprehensive array of services to asset managers across the globe.
Willkie previously represented FTV Capital on its investment in Centaur in 2020.
The Willkie team in London was led by partner Gavin Gordon and included associates Amelia Doughty, Meghal Mehta and Ben Pearlman.