Investec has supported Affinity Private Wealth in its acquisition of Pinnacle Trustees Limited with a bespoke lending facility.
The combined business will have over 50 experienced professionals, serving in excess of 350 clients globally.
Mark Le Mottée (pictured), Head of the Trust and Corporate Team in Jersey commented: "We are delighted to be supporting Affinity Private Wealth with this corporate acquisition facility.
"We believe both of our businesses have strong common values in delivering an exceptional service to our clients, our entrepreneurial spirit and our sense of community, and look forward to working with the senior management team as they continue to grow their business."
David Stearn, Affinity's Chief Executive, added: "We are delighted to be working with Mark Le Mottée and the Jersey Trust and Corporate team at Investec. Their understanding of our business and our objectives was crucial in this deal and we look forward to establishing a long-term relationship with the bank."
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