Vistra, a leading global corporate service provider, announced today that it has completed the acquisition of the Corporate Services business in Ireland of Deutsche Bank’s Global Transaction Banking division. Following Vistra’s announcement of the deal in September 2017, the business in Ireland will now be rebranded under the Vistra umbrella.
Commenting on the acquisition completion, Andrew Ryan, Country Managing Director, Vistra Ireland said,
This broadens our capabilities and presence in the region significantly. In Ireland, it complements the recent acquisition of Canyon CTS in March of this year. This acquisition will facilitate growth allowing us to leverage our existing business networks and capabilities, particularly across Europe, whilst enhancing and consolidating our capabilities particularly within the Capital Markets and Structured Finance sectors.
Corporate Services
‘Corporate Services’ provides management and administration of Special Purpose Vehicles and asset holding companies to banks, non-bank financial institutions and corporates. The business specialises in the administration of structures for:
- Structured Finance transactions (Collateralized Loan Obligations, Collateralized Debt Obligations, Securitisations, Mortgage-Backed Securities)
- Aircraft Leasing
- Commercial Real Estate holding
- Investment Funds (mainly private equity and real estate).
In addition to the operation in Ireland, the acquisition of the UK, Luxembourg, Jersey, and the US operations was also completed today.