- Vistra Group, a leading global provider of corporate and trust services, including company formation and fund administration services, today announced the acquisition of Trinity Corporate Services (‘Trinity’).
- Vistra B.V.
Trinity, founded in 2004, has grown rapidly to become a market leader in Poland and the Central and Eastern Europe (the CEE), in the management and accounting outsourced services sector, providing services for over 900 multinational clients. In addition, Trinity’s wholly-owned fund services business, OFIZ, administers assets in excess of EUR 12 billion, making it the largest service provider in Poland.
With offices in Warsaw, Krakow, Wroclaw, Poznan, Sofia, Bucharest, Prague, Bratislava and Budapest, Trinity specialises in providing cost-effective and time-efficient solutions for company formations, accounting, payroll and HR outsourcing services, as well as corporate secretarial and other corporate and trust administration services.
Commenting on the acquisition, Tom Ravensdale, CEO of Trinity said, “I am really proud to embark on this new chapter for Trinity. With the combined portfolio of Vistra Group and Trinity, we are better prepared to serve the needs of our clients beyond the CEE as well as provide a broader suite of services to clients in the region. Our clients and business partners are now able to access global solutions via our local offices.”
With the completion of the transaction, Vistra Group will be operating in an additional nine offices in six new jurisdictions, taking on board over 300 Trinity employees. Trinity will be rebranded as Vistra during the coming months.
Martin Crawford, CEO of Vistra Group added, “This deal complements our strategy as a ‘best in class’ global service provider and contributes to our continued global organic growth. Having Trinity on board strengthens and broadens the range and geographic spread of services we can offer to our existing and potential clients and business partners. We very much look forward to working with our new colleagues and welcoming Tom onto the broader Vistra management team.”