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SGG boosts Asia offering with Iyer Practice bolt-on

by Alice Murray 15 May 2018

Private equity-backed fund administrator SGG Group has expanded into Asia following its acquisition of advisory and compliance business Iyer Practice. The business, which is owned by mid-market European private equity house Astorg Partners, bought up Iyer as it looks to continue its growth on a global scale. Throughout the past two years, SGG has grown rapidly through its buy-and-build strategy, and this latest acquisition will help it "establish a strong presence in the attractive Asian markets", explained CEO Serge Krancenblum.

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