Vistra gets regulatory approvals to complete Luxembourg's Kroll Manco acquisition

Vistra, a provider of essential business services, said today (2 May) that it has received the necessary approvals to complete the acquisition of Super ManCo, Kroll (Luxembourg) Management Company, following the announcement of the deal in December 2023.

Operating in Luxembourg and London, Kroll Manco will fully separate from its parent company by August this year and will operate as a separate entity within the Vistra Luxembourg family of companies, whilst subsequent regulatory permission is sought for a merger with Vistra Fund Management (VFM).

Jan Vanhoutte and Anil Singh will lead the expanded business, working closely together to complete the integration and merger of the two businesses.

Jan Vanhoutte, managing director and Conducting Officer, VFM said: “This acquisition makes Vistra a leading player in the Luxembourg market and will help service a wider range of asset classes and fund types. It will enable Vistra to deliver its ambitious growth plans, aligning with our strategic vision to enhance funds end-to-end service proposition for investment managers and advisers.”

Anil Singh, managing director, Kroll Manco, said: “Kroll Manco clients will benefit from Vistra’s extensive geographic and service coverage of over 9,000 experts in more than 50 markets. The team integration is well underway with Kroll Manco colleagues participating in Vistra’s recent brand launch celebrations. We’re thrilled to be joining at such an exciting milestone in Vistra’s growth journey and the benefits this brings for our clients and colleagues.”

 

 

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