Suntera Global, the Jersey-headquartered, independent provider of bespoke fund, corporate, and private wealth services, has entered an agreement to acquire US-based Experienced Advisory Consultants LLC (EAC), expanding its existing US footprint. The deal is subject to completion conditions and is expected to complete in May.
EAC is a market leading provider of outsourced solutions, management company, and operational support services to alternative investment managers across the US. The business comprises professionals with extensive experience supporting a diverse client base ranging from pre launch funds to complex, multi billion dollar institutions, including hedge funds, private equity organisations, venture capital firms, broker dealers, funds of hedge funds, and family offices.
The addition of EAC strengthens Suntera’s US and global fund services capabilities, particularly across middle office, outsourced solutions, and operational support services for alternative investment structures and adds further depth of expertise across the Group.
Following on from the acquisition of Socium (now Suntera Fund Services) in 2022, the addition of EAC will further add scale and jurisdictional depth within the US with the addition of two new offices in Florida and Connecticut.
Once the deal is complete, the EAC team will join the Suntera team and will become “EAC, a Suntera Global Company”. They will rebrand to Suntera at a later date.
Commenting on the transaction, David Hudson, CEO of Suntera Global, said:
“The addition of EAC to our global offering represents an important milestone and key phase of expansion and growth. By joining up with a well-established and respected business such as EAC, we are expanding our US and international footprint, reinforcing our ability to support clients across the full fund lifecycle and across the globe.
Given its existing reputation and success, EAC will continue to operate under its current leadership of Ed Fasano with his management team and professionals, ensuring continuity, deep sector knowledge, and a strong client focus as the business becomes part of the wider Group. I am looking forward to welcoming the EAC team to Suntera and working together to offer an exceptional service to our growing client base.”
Ed Fasano, Co-Founder, Experienced Advisory Consultants LLC, also commented:
“We are extremely pleased to be stepping into our next phase of expansion by joining Suntera Global. This marks a positive step for EAC and reflects the quality of the business, the calibre of our people, and the long standing trust placed in the firm by our clients. For Suntera, EAC stood out for its specialist outsourced solutions, disciplined operational approach to client delivery, and its proven track record in delivery of high touch support to alternative investment managers, making this an exceptionally strong strategic fit.
Becoming part of Suntera provides EAC with access to broader resources and international infrastructure, while preserving the autonomy, entrepreneurial culture, and client focused approach that underpin the firm’s success. We very much look forward to working with our new team members and expanding our existing offering for clients.”
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