Opera has bought Accuro and Meritus, in a move the firm says concludes the first phase of its five-year growth programme, Project Overture.
Accuro and Meritus represent the fourth and fifth acquisitions for the group, which is majority owned by Pula, the family office of Stephen Lansdown CBE.
The companies work across eight different jurisdictions, including Bermuda, Guernsey, Jersey, Isle of Man, London, Geneva, Mauritius, and The Bahamas.
With approximately 600 professionals working for them, they have combined assets exceeding $81 Billion, (almost £60 Billion).
Accuro CEO Xavier Isaac will join the Opera Board as an Executive Director alongside Kim Sgarlata, Richard Collenette, Fintan Kennedy, and Matt Westgarth-Smith.
“We chose Opera because of our shared beliefs in purposeful growth, a people-first culture and an unwavering commitment to clients,” said Mr Isaac. “Having reached the full potential of what an owner and staff managed trust group could offer, we were attracted by Opera’s model of long-term ownership, its strategic goal of filing a gap in the current market and its strategic investment in technology and operations.
“Together, we can preserve the legacy of Accuro while building a unified group that leads with integrity, expertise, thoughtful innovation and the courage to do things differently.”
Kim Sgarlata, the Group CEO and Executive Director of Opera, added: “Completing the acquisitions of Accuro and Meritus marks a defining moment for Opera. This isn’t about scale for its own sake. It’s about bringing together the right businesses, at the right time, with shared values and long-term ownership, to build a stronger, more resilient foundation.
“With this first stage complete, our focus now shifts to listening, learning, and integrating with care. Because what we build next matters more than what we’ve just completed.”