Hatstone Group and Folio Group announce merger

Tuesday 16 January 2018

The Hatstone Group - a company founded in Jersey - and the Folio Group have announced they are merging, subject to regulatory consent.

The new group will retain the Hatstone name and will have offices in Jersey, the British Virgin Islands, London, Malta, Panama and South Africa.

Commenting on the merger, Carl O’Shea (pictured left), from Hatstone Group, said: “The merger offers fantastic new opportunities for the Group, as we expand the number of services we can provide to clients, intermediaries and contacts. As we all know the fund, corporate and private client world has changed dramatically in the past few years and we are determined to keep pace with such changes in order to remain client focused and solution driven.

"Quite simply – more and more of our clients and contacts tend to be multi-jurisdictional and so we need to be too. It is very exciting and we look forward to working with, and helping, existing and new clients in 2018.”

Daniel Cann, from the Folio Group - one the largest Fund Administration firms in the British Virgin Islands - said:  “The new Group’s clients will very much benefit from our wealth of experience in the areas of funds, corporate management and director services which shall complement the legal services currently provided by Hatstone.

"The combined specialisms will be invaluable to our clientele and together, we are creating a boutique legal and fiduciary services group to rival any of our competitors with significant growth and expansion opportunities during the coming years.”