The Latest In Wealth Management M&A – Zedra, Blackstones

Editorial Staff



12 September 2024

The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Zedra, Blackstones

Zedra, a specialist in
active wealth, corporate and global expansion, fund solutions,
pensions and incentives, has completed its acquisition of
Blackstones, with
offices across Poland.

Blackstones will become a fully-integrated part of Zedra, leading
Zedra’s operations in Poland, the firm said in a statement.

Blackstones’ service offering includes accounting and
reporting, HR and payroll, company formation and corporate
services.

This latest acquisition will enhance Zedra’s strategy in the
corporate and global expansion services space. Zedra will welcome
178 employees who have been providing these services through its
offices in Warsaw, Katowice, Bialystok, Radom, Bydgoszcz and
Torun.

This brings Zedra’s headcount to over 1,200 experts across 16 key
locations spanning Asia, Oceania, the Americas and Europe.

Both organisations share the same core values, and their combined
capabilities provide clients with access to a more diverse
service offering, adding value and deepening client
relationships.

“The combined extensive experience and knowledge will be a great
asset as we look to further grow our Central European footprint
and our corporate and global expansion capabilities,” Ivo
Hemelraad, CEO at Zedra, said.

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