FOLIO GROUP TO MERGE WITH THE HATSTONE GROUP

The Hatstone Group and the Folio Group are very pleased to share with you that, subject to regulatory consent, we are merging.

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The merger will create a new Group, retaining the Hatstone name, with offices in the British Virgin Islands, Jersey, London, Malta, Panama and South Africa.

Hatstone originally started in Jersey in 2011 and has since then expanded its legal service offerings. It is ranked in the Top 15 Offshore Law Firms by The Lawyer and has been independently recognised as the leading boutique offshore law firm for the past two years by Citywealth.

Folio was founded in 2001 to provide client focused fund administration services and grew to be the largest Fund Administration firm in the British Virgin Islands. Folio has since complemented its operations with corporate management and director services companies offering a wealth of experience in establishing and administering funds, trusts, business companies and providing fiduciary services.

Commenting on the merger,

Carl O’Shea, on behalf of the Hatstone Group, said:
“The merger offers fantastic new opportunities for the Group, as we expand the number of services we can provide to clients, intermediaries and contacts. As we all know the fund, corporate and private client world has changed dramatically in the past few years and we are determined to keep pace with such changes in order to remain client focused and solution driven. Quite simply – more and more of our clients and contacts tend to be multi-jurisdictional and so we need to be too. It is very exciting and we look forward to working with, and helping, existing and new clients in 2018.”

Daniel Cann, on behalf of the Folio Group, said:
“The new Group’s clients will very much benefit from our wealth of experience in the areas of funds, corporate management and director services which shall complement the legal services currently provided by Hatstone. The combined specialisms will be invaluable to our clientele and together, we are creating a boutique legal and fiduciary services group to rival any of our competitors with significant growth and expansion opportunities during the coming years.”