Vistra enters into a Sale and Purchase Agreement with Newhaven
Vistra has entered into a Sale and Purchase Agreement (SPA) with Newhaven, an independent provider of corporate, fiduciary and business support services to corporates, professional services firms and private clients. This transaction is subject to regulatory approvals in various jurisdictions.
This transaction will expand Vistra’s Company Formation and Private Wealth businesses by deepening the expertise and capabilities in these sectors, specifically in the BVI, Guernsey, London, Dubai, Hong Kong, and Taiwan where Newhaven has operations.
“This acquisition aligns nicely with the strategic objectives for Vistra where we continue to look for ways to improve the services we provide to our clients. Newhaven brings to Vistra additional talent and expertise and bolsters our position as a leading incorporation services provider, particularly in the BVI market, and further strengthens our front office capabilities in Hong Kong,” said Jonathon Clifton, Regional Managing Director, Vistra.
“We are excited about this next stage of our growth story as we join the Vistra family. By becoming a part of Vistra’s global network, we can now offer clients a broader suite of services and a deeper level of engagement, while continuing to provide them with the excellent, tailored client relationship support they have become accustomed to with Newhaven. Not only will clients continue to receive leading incorporation services, but they will also now have access to other world-class corporate services to help successfully navigate the challenges and complexities that rise out of growing a business,” shared Reuben Anstock, CEO, Newhaven.
Reuben Anstock, and his senior management team, will remain with the business in senior roles. Newhaven will be rebranded to Vistra upon completion of the transaction.