Key Takeaways
- • Boston Multi Family Office has agreed to acquire Valla Limited, a Jersey-based private client and fiduciary services provider established in 2011.
- • Valla offers private client, corporate and family office services, together with philanthropy support.
- • Boston's CEO Katherine Ellis cited strategic alignment in client approach, people and personal service, and described Jersey as an important part of Boston's long-term strategy.
- • Valla director Grainne McGinley said Boston was chosen for its cultural fit and resources, with clients to remain served by their existing contacts.
Summary
Boston Multi Family Office has agreed to acquire Valla Limited, the Jersey-based private client and fiduciary services provider, according to the announcement. Valla was established in 2011 and provides private client, corporate and family office services, together with philanthropy support.
Katherine Ellis, Chief Executive Officer of Boston Multi Family Office, said the firm has "a great deal of respect for what Valla has built and the quality of the relationships its team has developed over many years." She cited a strong alignment between the two businesses, particularly in their approach to clients, their people and the importance placed on delivering a personal service. Ellis described Jersey as an important part of Boston's long-term strategy, saying the combination provides an opportunity to strengthen the firm's presence on the island and to continue investing in service quality.
Grainne McGinley, Director of Valla, said the priority throughout the process had been to find the right home for Valla, its clients and its people. She said Boston shares Valla's emphasis on relationships and service quality, and that the transaction will provide additional expertise and resources to support the business's future development. McGinley stated that clients will continue to be served by the people they know and trust, while benefiting from the capabilities of the wider Boston Group.
The announcement did not disclose financial terms of the transaction.
Katherine Ellis, Chief Executive Officer of Boston Multi Family Office, said the firm has "a great deal of respect for what Valla has built and the quality of the relationships its team has developed over many years." She cited a strong alignment between the two businesses, particularly in their approach to clients, their people and the importance placed on delivering a personal service. Ellis described Jersey as an important part of Boston's long-term strategy, saying the combination provides an opportunity to strengthen the firm's presence on the island and to continue investing in service quality.
Grainne McGinley, Director of Valla, said the priority throughout the process had been to find the right home for Valla, its clients and its people. She said Boston shares Valla's emphasis on relationships and service quality, and that the transaction will provide additional expertise and resources to support the business's future development. McGinley stated that clients will continue to be served by the people they know and trust, while benefiting from the capabilities of the wider Boston Group.
The announcement did not disclose financial terms of the transaction.
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