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Lux firm buy Dublin's O'Donovan Stewart

Monday, May 19 10:22:36

Luxembourg-based Alter Domus, a corporate service provider to the funds and corporate sector, has bought O'Donovan Stewart Corporate Services (ODS).

Alter Domus is focussed on services to private equity houses, real estate firms, multinationals and private clients.

O'Donovan Stewart Corporate Services provides Corporate Services to a broad portfolio of client companies. It has a particular focus in the area of aircraft leasing and aircraft owning companies, where it currently acts for a range of clients from the US, South Africa, Europe and Asia.

All existing ODS employees will join Alter Domus as part of the acquisition.

In addition, Peter Stewart will continue to serve as an executive director of Alter Domus (Ireland) Limited.

Laurent Vanderweyen, Chief Executive Officer of Alter Domus said, "This acquisition significantly strengthens our position in Ireland with regards to both our existing and future clients. As Alter Domus enters its eleventh year, this new acquisition is in line with the firm's strategy to develop Ireland as one of its strategic locations in terms of growing our business and developing our international client base."

Alan Dundon, Chief Marketing Officer of Alter Domus and Country Executive Ireland, added that the two companies fit well together. "Having worked closely with the team at ODS in partnership over the last 18 months, we are delighted to now count them as colleagues as we continue to expand our operations in Ireland.