Opera Group, the Stephen Lansdown backed fiduciary business, has announced the acquisition of Accuro, subject to regulatory approval.
It’s the fourth major acquisition for the group which will see it take on the private wealth specialists who have 220 employees across Geneva, Jersey, London and Mauritius.
Accuro will join Oak Bahamas, Oak Group and HFL Limited in the Opera portfolio.
The parent company said the move would “accelerate Opera’s expansion into key strategic markets and broaden the group’s capabilities across private client and corporate services”.
Accuro joins Opera as part of Project Overture, a five-year plan to optimise how the group operates, grows and expands into new markets and jurisdictions.
Opera is majority backed by Pula, the family office of Stephen Lansdown CBE – co-founder of Hargreaves Lansdown – alongside shareholders such as Sealyham, the family office of Tom Scott.
Kim Sgarlata, Group CEO and Executive Director of Opera, said: “Accuro’s client-first approach, commitment to responsible wealth stewardship, and deep expertise in private client services make it an excellent fit within our growing portfolio.
“With Opera’s strategic backing and long-term vision, we’re poised to unlock new opportunities – enhancing the experience for our clients, creating meaningful growth for our people, and building a platform that sets new standards for our industry.”
Xavier Isaac, Group Chief Executive Officer of Accuro, added: “We found Opera and immediately realised its unique ability to position our business for the next phase of its evolution while remaining true to our founders’ ambitions. While this transaction brings significant change, it opens amazing opportunities for all Accuro stakeholders”.