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FActS Services and SGG join forces
It is our pleasure today to announce that FAcTS Services, a special purpose vehicle administrator for the Private Equity and Real Estate industry, and SGG have signed an agreement to join forces and increase their service offering and international solutions to their clients.
FAcTS is proud to join an international group and believes that such an alliance will allow FAcTS's clients and partners to access global solutions through the leverage of the combined professional networks. This transaction is subject to the approval of the CSSF (Commission for the Supervision of the Financial Sector), the Luxembourg's financial regulator.
FAcTS will remain a fully independent entity within the SGG group. FAcTS's management and staff will keep on serving their existing clients and long-standing partners. All terms and conditions, including fee structure, will remain unchanged.
Geoffrey Henry founded FAcTS in 2004. Valérie Emond and Alberto Morandini joined the partnership in 2008 with the aim to combine strengths in an entrepreneurial, independent and bespoke player. FAcTS administers special purpose vehicles for entrepreneurs and the Private Equity and Real Estate industries. FAcTS provides unbiased services by partnering with the best legal and tax experts.
By anchoring to the SGG group, FAcTS enhances its capacities to offer global solutions to its international clientele. FAcTS and SGG share the same core value: total client satisfaction through bespoke service.
"We are delighted to join the SGG group. We trust that this alliance will speed up the strategic developments announced to our clients these last months in terms of service offering and access to international solutions. We are also very enthusiastic in offering our people the opportunity to continue their growth within a leading group." declared Geoffrey Henry, founder of FAcTS Services.
"We are most happy to welcome FAcTS, a team of excellent professionals, in the SGG Group. We are also proud that FAcTS's partners have decided to become shareholders of SGG in order to support and contribute to its development over the long term." said Serge Krancenblum, CEO of SGG.