Clearwater International advises TCS-Groep on its sale to CSC

Clearwater International advises TCS-Groep on its sale to CSC

Clearwater International has advised TCS-Groep, a services provider to alternative investment funds (AIFs), on its sale to CSC, a world leader in global business, legal, tax, and digital brand services.

TCS-Groep is a leading and reputable services provider in the Netherlands, offering fund-administrative and depositary services to asset managers of alternative investments. The company’s services are characterised by long-term customer relationships, a stable workforce, and first-in-class systems. While asset managers can concentrate on their core tasks, TCS-Groep assures smooth and compliant operations in the background. The company takes great pride in being the largest non-banking depositary service provider in the Netherlands. As a depositary, TCS-Groep actively communicates with its clients, adding real value to its operations, while securing proper fulfilment of all legal requirements. The group holds licenses from Dutch Central Bank (DNB) and Authority Financial Markets (AFM).

CSC is a leading provider of specialised administration services to alternative asset managers across a range of fund strategies, capital market participants in both public and private markets, and corporations requiring fiduciary and governance support. The company is the partner for 90% of the Fortune 500, nearly 10,000 law firms, and more than 3,000 financial institutions.

With this acquisition, TCS-Groep can leverage the international network of CSC and realise its ambitious growth plans. It will also extend CSC’s capabilities for global financial market (GFM) clients and provide a physical presence in another leading European financial centre.

This transaction is subject to regulatory approval in the Netherlands.

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    Clearwater Advisers

    Adviser to TCS-Groep on its sale to CSC

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