ABBL

ATOZ, a high end independent advisory services firm announces today that it parts ways with its sister corporate services company, FIDEOS.  FIDEOS was purchased by Alter Domus in a strategic transaction, scheduled to close June 30th of this year, subject to regulatory approval.  

“FIDEOS is a great success story.  As a founder member of the firm, ATOZ set the objective for FIDEOS to become a leader in the Luxembourg corporate trust and fund administration market.  In order for it to move up to the next level and develop as a major global player, the firm needed to heavily invest in advanced IT infrastructure and an international market expansion strategy. Because Alter Domus already offers such a platform and a similar culture of excellence and client focus, the transaction made a sound business case,” noted Keith O’Donnell, Managing Partner of ATOZ.  "We look forward to a continuous relationship with the new firm and identifying ways to better service our joint clients. ATOZ will continue its aggressive growth strategy and maintain its position as Luxembourg’s leading independent tax firm.”

FIDEOS reached its current level of success as a result of multiple strategic transactions.  Early on it acquired Wood Appleton Oliver to later on develop into two separate corporate entities: FIDEOS Corporate Services and FIDEOS Financial Services.  Most recently lead by Fatah Boudjelida, the firm received the “Best Corporate Trust Services” award in two consecutive years. “I am proud to see what FIDEOS has accomplished and excited about the opportunities ahead,” added Fatah Boudjelida.  “I attribute it all to our dedicated staff and our laser sharp client and service quality focus.  I also credit the ATOZ Corporate Finance team which has been instrumental in the strategic conception and execution of each of the transactions.”
 

(Source: ATOZ)