Catalyst merges with Sionic Advisors

Wednesday 24 April 2019

The Managing Partner of Catalyst in Jersey has said he expects a "major boost to business" as a result of a recent merger with global financial services specialists, Sionic Advisors.

The London-based specialist financial markets consulting firm's merger with Sionic Advisors comes as part of a bid to create one of the world's largest specialist consulting firms.

Following the merger, the Group will have a combined revenue of over $60M and a staff base of more than 300 professionals based in a dozen locations across North America, Europe and Asia, including an offshore base in Jersey.

Andrew Middleton, Catalyst Group CEO, said that the "transformational merger" will enable the group to "scale our delivery of complex assignments for clients worldwide, and a lead position in the US and Canada."

Pictured: Stuart Richford and Andrew Middleton.

Craig Sher, Sionic Co-Founder and Group CEO, commented: “This is a perfect match. We’re known as experts in our field and as fast-growth disruptors of outdated models of consultancy.  Like Catalyst, we deliver measurable value and best in class change services in control and governance, regulatory change, operations, risk, finance and technology. We’re looking forward to working together to expand our services and reach to create an even bigger and better firm for our clients, staff and investors alike.”

Stuart Richford, Catalyst Jersey Managing Partner, added: “Catalyst Jersey already works internationally with banks, wealth mangers and corporate administrators. This merger with Sionic provides a major boost to our business, further expanding our strategic advisory capability and providing a much greater presence in key jurisdictions, including Switzerland, Singapore and the US.”