This strategic move follows the acquisitions of Optimum Prime in January and Fintegral last July. With this transaction, Zanders expands its global team to 450 professionals across 11 offices worldwide in Europe, Middle East, US, and Asia. The deal also includes the acquisition of a robust software solution suite which will further broaden and strengthen Zanders’ cloud-based software offering.
Amar Shanghavi, Investment Director at MML, explains:
“Zanders is already an international leader in treasury and risk services, having built a highly specialised proposition over its thirty-year history. Zanders has been expanding rapidly over the past three years, now providing its services to clients in over 40 countries. We are thrilled to be partnering with Laurens and his team to support the firm’s next phase of growth and are delighted to welcome the RiskQuest team to the business.”
Laurens Tijdhof, CEO and Managing Partner at Zanders, added:
“We are proud to welcome RiskQuest into the Zanders family. This acquisition is another testament to our dedication to providing a wider service and product portfolio to our international client base. RiskQuest’s well-established presence in the Netherlands and their in-depth expertise in the areas of credit risk, ESG and financial economic crime (FEC) align seamlessly with our vision, reinforcing our commitment to delivering innovative services and solutions.”
Zanders was advised by Pinsent Masons (Frits Burg), GT (Dara Kelly) and DC Advisory (Mark Ward). The transaction was supported by ABN AMRO.