Apex Group Ltd., a global financial services provider, has acquired Mola-Administration GmbH, a German fund administrators. This strategic acquisition is part of the Group’s efforts to expand a local presence in Germany. 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.
Peter Hughes, founder and CEO of Apex Group commented, “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 added, “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.”
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.