Praxis grows Netherlands presence

Praxis' plan to make the Netherlands one of its main European hubs continues with the acquisition of Private Equity Services Group (PES).

The acquisition was announced in November 2017 and completed on 30 March 2018. Eighteen fiduciary specialists will join the team at Praxis Netherlands in Amsterdam.

Praxis Head of Global Expansion Guido Wagenaar welcomed the professionals of PES to his team. 'Business is growing in The Netherlands so we are very happy to have the experts from PES join us' said Mr Wagenaar. 'Their experience and personal approach to service are a great match for our office.'

Jo de Haas Managing Director of PES looks forward to building on our experience as part of the larger group. 'We are ready to take the next step toward the vision we have: the same high-quality service we have always provided but on a larger scale.'

CEO of Praxis Simon Thornton said the PES team will bring new energy and knowledge to the group. 'We will greatly benefit from their expertise and unique perspective. I am confident our new colleagues will thrive within our growing company.'

With the acquisition of PES Praxis Netherlands grows to 30 staff and they also add three new staff in the Caribbean.