Law firm Walkers has advised on the acquisition of GlenQ Private Wealth Limited’s trust company business by Cavendish.
Independent trust and corporate service provider Cavendish said the acquisition of the GlenQ business will give Cavendish a “greater footprint, market share and presence” in Jersey.
The Walkers team, led by corporate partner Kevin McQuillan, senior associate Luke Steele and associate Angharad Prescott, acted as lead counsel to Cavendish.
Mr McQuillan said: “We are delighted to have assisted Cavendish with their acquisition of the GlenQ business.
“James, Lindsay and the wider Cavendish team involved here worked tirelessly to complete this complex deal and we offer them massive congratulations on achieving this.
“This is our latest lead counsel role in respect of a local TCB acquisition in what seems to be a very active sector – our experience here continues to be both significant and reliable for our clients.”
Cavendish director James Cunningham-Davis added: “The Walkers team provided excellent counsel to us during this transaction.
“Kevin, Luke and Angharad were very knowledgeable and responsive, and we look forward to working with them in the future.”