Date: 04 March 2022
The Clermont Group and DeltaCap Ltd are pleased to announce Clermont’s acquisition of DeltaCap. The transaction expands Clermont’s presence in Switzerland, the UK, the British Virgin Islands, Cyprus and the United States to include DeltaCap’s home jurisdiction of Mauritius.
The acquisition has received formal clearance from the Financial Services Commission of Mauritius. DeltaCap, founded in 2016, will trade as Clermont Consultants (MU) Ltd going forward.
Commenting on the announcement, DeltaCap and Clermont underscored alignment, expertise and international reach.
“Three years ago, DeltaCap embarked on a journey to deliver quality corporate and trustee services entirely focused on substance and the provision of true, lasting value for our clients. The entire team at DeltaCap have embraced the challenge and worked relentlessly to make our vision a reality. We believe this exciting merger with the Clermont Group is affirmation of our efforts”, stated Christophe Du Mée, CEO and Co-Founder of DeltaCap.
Du Mée, who will be continuing in his role as Managing Director, added that “We are thrilled to be joining the prestigious Clermont Group. Their knowledge and expertise will undoubtedly be of great value to our clients and our team. We look forward to this next chapter as our local journey now takes on a global dimension.”
Martin Chesler, Group CEO of Clermont Trust, emphasised shared values, continuity and Mauritius’s strategic importance.
“We have been impressed with what the DeltaCap team have achieved in just a few years and are delighted to have them join our growing international group. Their commitment to excellence is entirely aligned with our own ethos and culture”, appreciated Martin Chesler, Group CEO of Clermont Trust.
“The Mauritius IFC plays a proven pivotal role in the African region and beyond and is one that is increasingly relevant to Clermont and our clients. We are confident that the addition of Clermont Mauritius will add a valuable pillar to our flourishing global offering”, continued Martin Chesler.
The Clermont Trust Group is an owner-managed fiduciary services business providing bespoke wealth solutions for private clients, families, investors, institutions and entrepreneurs.
Founded in 1996, we are independent, with no commercial or institutional alliances that could constrain our advice or approach. We are strongly client-focused, aiming to deliver pragmatic, genuinely useful and cost-saving solutions. This approach has supported significant growth in recent years, driven largely by client referrals.
While many of our people are professionally qualified, we do not provide formal legal or tax advice. Instead, we draw on the expertise of our teams and trusted professional networks to provide intelligent, informed and well-considered solutions for the families we serve. Likewise, we do not offer direct investment advice or asset management services; rather, our independence allows us to work with the banks, custodians, and professional asset managers best suited to the needs and objectives of the entities we administer.
