Supporting Jamieson’s commitment to working in the Asian private equity market, the team led by Stuart Coventry and Jonny Jones advised Vistra management on the terms of their new deal with Baring Private Equity Asia (“Baring Asia”).
Vistra Group one of the world’s leading providers of company formations, trust, corporate and fund administration services, announced its majority shareholders, IK Investment Partners, and Vistra Group management, have reached an agreement whereby Baring Asia will acquire a majority stake in Vistra Group. The Vistra Group management team will continue to hold a significant shareholding in the Company after completion. The completion of the transaction is subject to regulatory approvals.
“Partnering with Baring Asia is an exciting step for Vistra Group. With Baring Asia’s support we will be able to further enhance our leading position in a consolidating industry. We are delighted that Baring Asia has demonstrated a strong commitment to the growth of Vistra’s business as well as to our exceptional people who have been instrumental to our success.”
Martin Crawford, CEO
“Vistra has a winning management team running a solid business with great potential. We look forward to helping management achieve its vision of continuing to grow Vistra as a global market leader.”
Jean Eric Salata, Founder and CEO of Baring Asia