Ireland: TMF Group Acquires Corporate Administration Services Business From BNY Mellon
Last Updated: 4 October 2016

Leading Provider of Structured Finance Services significantly expands operations in Ireland

Dublin, 30 September 2016 – TMF Group, a leading provider of high value business services to clients operating and investing globally, is pleased to announce the acquisition of BNY Mellon's Corporate Administration Services business affiliated to its Corporate Trust offering in Ireland.

Employees who support the business will transfer to TMF Group, ensuring continuity of service.

The acquisition of this business further enhances TMF Group's position as one of the leading independent administrators of structured finance entities in the world and demonstrates TMF Group's commitment to driving growth in its Trust & Corporate Services business.

TMF Group funded the acquisition from existing cash resources; financial terms of the transaction have not been disclosed.

Kevin Butler, Managing Director of TMF Ireland, commented: "We are delighted to welcome BNY Mellon's Corporate Administration Services clients to TMF Group and look forward to providing them with high quality services and access to our comprehensive service offering."

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