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Cardea Europe AG: Cardea Group acquires Trinkler & Partners and continues on its growth path

·4-min read

DGAP-News: Cardea Europe AG / Key word(s): Mergers & Acquisitions/Miscellaneous
Cardea Europe AG: Cardea Group acquires Trinkler & Partners and continues on its growth path
05.09.2022 / 09:35 CET/CEST
The issuer is solely responsible for the content of this announcement.

Press release

Cardea Group acquires Trinkler & Partners and continues on its growth path

  • Thomas Trinkler assumes position of Country Head and CEO of Switzerland for the implementation of the further expansion strategy

  • AuM increase by around 250 million US dollars

 05 September 2022 - Frankfurt. Cardea Capital Group continues to grow significantly and strengthens its personnel in the important growth regions.

Cardea Europe AG, through its subsidiary Cardea Finance GmbH, has acquired 100 percent of Trinkler & Partners, a Zurich based wealth management and advisory firm focused on servicing ultra-high net worth individuals with tailor made investment solutions, strategic and tactical asset allocation, M&A advisory and family office services. Terms of the deal were not disclosed.

Thomas Trinkler, the principal of Trinkler & Partners (“TP”), will remain with the firm in an expanded role within the Cardea Group, assuming the position of Country Head and CEO of Switzerland.  The resulting network is the basis for further dynamic growth in Switzerland, and the broader European region. Prior to founding TP, Thomas built extensive leadership experience at BSI AG, UBS Group, Schröder, Münchmeyer, Hengst & Co. and the Swiss Bank Cooperation.

Jordan Waring, Chairman and Group CEO of Cardea Corporate Holdings, Inc. said “We are extremely excited about our collaboration with Thomas and his team as well as the addition of Trinkler & Partners to the Cardea family. We believe strongly in Cardea’s ability to be a valuable and differentiated wealth management solution for investors in Switzerland, and the addition of Thomas’s group enables us to jump start our ambitious growth plans for the region.”

Cardea plans to expand its presence in Switzerland by a combination of strategic acquisitions of small to mid-size wealth management firms in parallel with the hiring of individual wealth advisors and their teams.

Thomas Trinkler, principal of Trinkler and Partners, said: "I am very pleased that we are looking to the future together with Cardea. Together we are the ideal partners to successfully shape the future in an ever changing market environment. The resulting synergies not only strengthen our group, they will particularly benefit our clients."

About Cardea

Cardea is a global asset management and wealth advisory firm with offices in Atlanta, London, Zurich, Milan, and Frankfurt, with total Assets under Management of USD 4.5 billion. Through its subsidiaries, Cardea Capital Group, Cardea Capital Advisors, both SEC registered investment advisors and Cardea Europe, it offers asset management, institutional advisory and turnkey asset management solutions to financial advisors, independent asset managers, family offices and private investors.

Press contact

edicto GmbH
Axel Mühlhaus / Ralf Droz
Tel.: +49 (0) 69 90 55 05-54
E-Mail: rdroz@edicto.de

Disclaimer

Safe Harbor Statement.
No action has been taken that would permit an offering of the securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.
If any statements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words 'will', 'expect', 'believe', 'estimate', 'intend', 'aim', 'assume' or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of DESIAG and/or CARDEA EUROPE AG and the persons acting together with DESIAG and/or CARDEA EUROPE AG. Such forward-looking statements are based on current plans, estimates and forecasts which DESIAG and/or CARDEA EUROPE AG and the persons acting together with DESIAG and / or CARDEA EUROPE AG have made to the best of their knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by DESIAG and / or CARDEA EUROPE AG or the persons acting together with DESIAG and / or CARDEA EUROPE AG. It should be kept in mind that the actual events or consequences may differ materially from those contained in or expressed by such forward-looking statements.
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change.


05.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Cardea Europe AG

Lurgiallee 14

60439 Frankfurt am Main

Germany

Phone:

069 - 870 08 79 296

E-mail:

investor-relations@cardea-europe.de

Internet:

www.cardea-europe.de

ISIN:

DE000A3H2ZP5

WKN:

A3H2ZP

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1435101


Notierung vorgesehen. / Designated to be listed.

 

End of News

DGAP News Service

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