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Acquisition of IQE by Boston

Posted on in IQE news and events

IQE is delighted to announce that the acquisition by Boston Multi Family Office received regulatory approval and is now complete.

IQE has re-located to the Boston offices and David Karran, Moira McHarrie and Anne Couper Woods, together with Katherine Ellis, Alex McNee and Sarah Ingrassia comprise the boards of both IQE Limited and Boston Limited.
Commenting on the completion announcement, Boston CEO Katherine Ellis said "We are delighted to welcome our new colleagues and clients to the Boston family. Due to the coronavirus pandemic, this acquisition was, by necessity, managed entirely remotely so it is very pleasing that we can now work together as one team.

"I would like to acknowledge the professionalism of staff at both companies in bringing these businesses together and look forward to an exciting future as we continue to develop with further select acquisitions that will see the Boston team continue to build their client focused approach in the market.

While it is very much business as usual for clients in the short term, the acquisition will enable Boston to offer additional services such as providing sponsor services for securities to be listed on The International Stock Exchange to its wider customer base.

One of the Isle of Man's highest profile trust and fiduciary businesses, Boston Multi Family Office was founded in 2002 as a single family office and was held privately until 2019. The company provides boutique administration services from offices in the Isle of Man, Malta, and the Dubai International Financial Centre (DIFC).

IQE brings an extremely experienced and highly regarded team in the trust and fiduciary sector with a strong corporate team as well as sponsor services for listings on The International Stock Exchange, and we look forward to integrating the businesses and providing continuity of relationships and services.

For the immediate future, it is very much business as usual and you will see no change to the services offered team. The enlarged business is committed to upholding and extending IQE's excellent reputation as a provider of fiduciary services, and to maintain the same level of services together with the complementary experience and skills provided by Boston with their focus on family office services.

All staff are now under one roof at St Mary's Court, 2nd Floor, 20 Hill Street, Douglas, Isle of Man IM1 1EU and IQE email addresses and phone numbers are unchanged.

We have the expertise to assist with multi-jurisdictional fiduciary services for international structures

On a recent transaction we worked closely with IQE to set up and run a corporate structure to facilitate a new residential development in London. We found the IQE team responsive and proactive. It was clear that their property experience added value and understanding of the clients’ requirements on the project. Christine Jackson, Partner, Real Estate Group, Lawrence Graham LLP

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