Financial Services: Summit Group’s acquisition of R&H Jersey 

Armstrong is pleased to have provided due diligence to Sovereign Capital Partners in support of Summit Group’s (Summit) acquisition of R&H Jersey, a respected provider of trust, corporate and fund administration services. 

Based in Jersey and established in 1972, R&H Jersey provides private client services, fund administration, and other fiduciary solutions to a diverse clientele, including corporates, high-net-worth individuals, families, and asset managers. 

The acquisition marks a significant milestone in Summit’s growth strategy, broadening its service offering through R&H Jersey’s fund administration expertise while further strengthening its private client service proposition. Following the acquisition, Summit Group will comprise over 370 professionals operating across Jersey, Guernsey, Switzerland, the UAE, the Cayman Islands, and the UK. 

Kristan King, Group Head of M&A at Summit Group said: “We are pleased to welcome R&H Jersey to Summit Group, subject to regulatory approval. Armstrong’s valuable sector insight and clear commercial advice was an asset in helping us validate our transaction rationale throughout the process.” 

Anjali Obhrai, Engagement Manager at Armstrong said: “It has been a pleasure working with the Summit team on this important acquisition. R&H Jersey’s strong market reputation and specialist capabilities make it a natural fit for Summit. We look forward to seeing the business thrive under Summit’s ownership.” 

If you are interested in talking to Armstrong about opportunities in the Financial Services sector, please contact: 

Solomon Ishack

sishack@armstrong-ts.com
+44 7943 036 633

Anjali Obhrai

aobhrai@armstrong-ts.com
+44 7909 094 604