Apex now has 260 employees across the Americas region, with offices in Atlanta, Bermuda, Boston, Cayman Islands, Charlotte, Chicago, Costa Mesa, New York, New Jersey, Portland, San Francisco, Toronto and Uruguay. The Group has experienced exceptional growth over the past twelve months, not only through acquisition, but also through an impressive 20% organic growth rate as it continues to win larger mandates as its product portfolio and expertise deepens on a global basis.
Broadscope’s clients will benefit from gaining immediate access to Apex’s global network of offices supported by 3,000 employees worldwide. The Group’s unrivaled cross-jurisdictional capabilities and established presence in the European regulated market, including proprietary banking and depositary solutions, are complemented by its ongoing expansion in the US market.
This is the latest in a series of highly strategic acquisitions made by Apex over the past eighteen months, transforming the Group’s position from a fund administrator to a global financial services provider. The addition of corporate services from Link Asset Services announced earlier in 2019 develops the Group’s offering in the wider financial services market and enables the delivery of a full global outsourcing solution.
Apex is a portfolio company of Genstar Capital. Terms of the agreement are not being disclosed.