Vistra, a Luxembourg-based corporate services group, has acquired HVK Family Office Services (HVK FOS), part of Netherlands-based consultancy HVK.
Founded in 2011, HVK is an independent consultancy firm in the areas of tax advice, tax structuring, family office services, legal & notarial services and financial advisory services.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
According to Vistra, the acquisition of HVK’s family office services division will enhance and support its recently launched family office services division focused on advising, implementing and managing group structures for the family offices of high-net-worth individuals and families.
HVK Family Office Services is expected to generate new revenue streams for the traditional trust services of Vistra.
Jac Veeger, director of HVK FOS will lead the family office services division in the Netherlands, while Sjaak ten Hove will become global head of family office services, alongside his current role as managing director for Vistra Netherlands.
Commenting on the acquisition, Hove said: "By bringing both companies together, we will be able to further extend our existing specialized service offerings to single and multi-family offices.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"The existing international network of HVK FOS could also be a logical starting point for a swift international expansion through selective add-on investments in existing Family Office Services practices."
HVK FOS is expected to be rebranded under the Vistra umbrella during the first quarter of 2014.
