Keith O’Donnell and Jean-Michel Chamonard (Managing Partners, ATOZ Tax Advisers) (Photo: ATOZ)

Keith O’Donnell and Jean-Michel Chamonard (Managing Partners, ATOZ Tax Advisers) (Photo: ATOZ)

ATOZ Group, the Luxembourg based group of independent advisory and services firms, has agreed an investment in ATOZ Services from financing partner, ICG. The terms of the transaction have not been disclosed.

ATOZ was founded in 2004 by a group of Partners and their teams, formerly of Andersen and E&Y, with the creation of the advisory firm , now one of the leading Luxembourg providers of a comprehensive range of tax solutions. ATOZ Group has significantly grown its client base and service offering over time and, in 2018,  – a sister company of ATOZ Tax Advisers – was formed.

ATOZ Services provides a full suite of corporate and tax compliance services to Luxembourg domiciled entities managed by alternative fund and corporate clients. Services include corporate administration; domiciliation & accounting; fund administration; and tax reporting services. ATOZ Services has over 800 clients, primarily in the illiquid alternative fund space (>90% of revenue), and services over 3,000 structures. The business has 140 highly qualified and long-serving staff across its Luxembourg and Morocco offices.

growth trajectory by expanding its service lines for new and existing clients, whilst supporting its expansion into new geographies. This will be achieved through a combination of continued organic growth and by leveraging ICG’s capital and experience to support M&A. ICG is a global alternative asset manager with a track record of over 30 years. Listed on the London Stock Exchange, ICG currently has $68.5 bn of assets under management across a range of strategies from offices in 15 countries and 575 employees.