Current
Commitment:
£30m
Date of investment:
2023
Sector:
Business Services
Buy & Build:
2 Completed Acquisitions
“We are thrilled to be partnering with Horizon for this exciting next phase of Boston. The last 3 years since the MBO has been a great period of growth for Boston and we couldn’t have achieved such success without the outstanding team effort from all our staff in the Isle of Man and Malta. From our initial meetings with the team at Horizon it was clear we shared very similar views on how to grow Boston both organically and through strategic acquisitions, and with keeping our staff and our clients at the top of the agenda.”
Katherine EllisGroup CEO, Boston MFO
Background
Boston Multi Family Office (“Boston MFO”) provides trust, corporate, and fiduciary services to corporates and family offices.
The business is headquartered in the Isle of Man, with an office in Malta. It has a diversified and sticky client base of over 400 clients, some of which have been with the business (or constituent acquisitions) for up to 20 years.
Boston MFO operates in a highly fragmented global market, with ca. 1000 businesses identified across key jurisdictions and it has a strong track record of growing through complementary acquisitions.
The Journey so far
Boston MFO has secured significant investment from Horizon Capital to continue its organic and acquisition growth strategy. The transaction completed in 2023 and Horizon has already supported multiple of the planned acquisitions as the business expands its jurisdictional footprint and service offering.