Thursday 2 April, 2026

Opera, a privately held group of fiduciary, corporate and fund administration businesses is delighted to announce the successful completion of the acquisition of Accuro and Meritus Trust Company Limited. This significant milestone marks Opera’s fourth and fifth acquisitions, respectively, and concludes the first wave of growth under its five-year transformation programme, Project Overture.

It opens an exciting new chapter for both Accuro and Meritus to expand their global footprint and benefit from an operating platform underpinned by the same strategic intent, the same culture and the same advanced technology.

Accuro is a leading trust and private office business known for its values based culture, technical expertise and client service with offices in Jersey, Geneva, London and Mauritius. Meritus, a Bermuda-based trust firm, serves families across the Americas and internationally, specialising in family governance, cross-border trust administration and estate planning.

Together, these acquisitions significantly strengthen Opera’s private client offering and expands its geographic reach across the West Atlantic, the Americas, Europe and the Middle East.

Following completion, Opera now operates across eight jurisdictions, with combined assets under administration exceeding $81 billion and a global team of 600 professionals. These acquisitions offer Opera the scale for enhancing resilience and shared capability, while preserving the distinctive strengths and legacies of each individual business.

Opera also announces that Xavier Isaac, Chief Executive Officer of Accuro, has joined the Opera Board as an Executive Director. He joins existing Board members Richard Collenette, Fintan Kennedy, Kim Sgarlata and Matt Westgarth-Smith.

Kim Sgarlata, Group CEO and Executive Director of Opera, comments:

“Completing the acquisitions of Accuro and Meritus marks a defining moment for Opera. This isn’t about scale for its own sake. It’s about bringing together the right businesses, at the right time, with shared values and long-term ownership, to build a stronger, more resilient foundation. With this first stage complete, our focus now shifts to listening, learning, and integrating with care. Because what we build next matters more than what we’ve just completed.” 

Xavier Isaac, Chief Executive Officer of Accuro and Executive Director of Opera, says: 

“We chose Opera because of our shared beliefs in purposeful growth, a people-first culture and an unwavering commitment to clients. Having reached the full potential of what an owner and staff managed trust group could offer, we were attracted by Opera’s model of long-term ownership, its strategic goal of filing a gap in the current market and its strategic investment in technology and operations Together, we can preserve the legacy of  Accuro while building a unified group that leads with integrity, expertise, thoughtful innovation and the courage to do things differently.” 

Michelle Wolfe, Managing Director of Meritus, adds:

“Joining Opera is an important moment for Meritus. From the outset, there was a clear alignment around long-term thinking, technical excellence and personal client service. Becoming part of Opera allows us to continue serving our families with the same integrity and care, while benefitting from being part of a broader group that values investment in people, culture, collaboration and technology.” 

Opera is building a different kind of global financial services group, under long-term family ownership, focused on delivering sustainable growth and lasting value for families, founders and fund managers.

Opera is majority owned by Pula, the family office of Stephen Lansdown CBE, co-founder of Hargreaves Lansdown, alongside like-minded investors including Sealyham, the family office of Tom Scott. This ownership model provides patient, long-term capital to invest in people, technology and operating platforms, supporting sustainable growth and a modern approach to trust, corporate and fund services.

To learn more about Opera’s vision and its group of businesses, visit www.operalimited.com. To explore Accuro and Meritus, visit  www.accuro.com and www.meritustrust.com.

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Thursday 30 October, 2025

Opera Group Limited, a privately held group of private client, corporate and fund administration businesses, is pleased to announce the proposed acquisition of Meritus Trust Company Limited based in Bermuda. The transaction is subject to regulatory approval. 

Strategic growth across the Americas 

Meritus was founded in 2010 and provides fiduciary services to select ultra-high-net-worth international families and multinational corporations. Its diverse team brings together many of Bermuda’s top trust, legal and accounting professionals, united by a culture of empathy, passion, courage and humility. With a focus on families, legacy and responsible growth, Meritus has earned its place as one of the most respected names in Bermuda’s private wealth sector. 

This marks Opera’s fifth acquisition and strengthens its presence in the West Atlantic region, supporting its strategic focus on families with transatlantic and global wealth footprints. It also concludes Opera’s first phase of acquisitions – a coordinated sequence that has been over a year in the making. 

A unique model built for the long-term 

Opera brings together culturally aligned, client-focused businesses under a distinctive private ownership structure.

It is majority backed by Pula, the family office of Stephen Lansdown CBE, alongside like-minded shareholders such as Sealyham (Tom Scott’s family office). This patient capital model enables sustainable growth, combining strategic perspective with long-term investment in people, systems and relationships.

The acquisition of Meritus forms part of Project Overture – Opera’s five-year transformation plan focused on operational excellence, sustainable growth and expansion into key global markets. 

This follows the acquisitions of Accuro (pending regulatory approval), Amber Trust Ltd (now “Oak Bahamas”), HFL Limited and Oak Group. This first phase was intentionally designed to bring together firms that complement each other in capability, culture and geography, creating a cohesive platform of experienced teams with deep sector expertise to support Opera’s next phase of growth. 

Opera now enters a new chapter of integration, collaboration and organic growth, powered by long-term vision and a continued commitment to innovation, talent and client-first excellence. 

Kim Sgarlata, Group CEO and Executive Director, comments: 

“Opera was created to do something rare in financial services – to build a values-led group with long-term capital, where people come first and alignment matters. Our partnership with Meritus reflects that vision – their team and ethos align strongly with ours, and we’re proud to be building this next chapter together. 

“This completes an intentionally sequenced and focused phase of growth, bringing together businesses that share our values and complement each other across services and jurisdictions. By addressing core questions around offering, infrastructure, governance, brand and culture in one coordinated step, rather than revisiting them with each transaction, we’ve created a strong foundation for the future.

“Opera now moves into a new chapter focused on thoughtful integration, collaboration and long-term growth. For us, this isn’t just growth. It’s growth with meaning and built to last.” 

Michelle Wolfe, Chair and Founding Partner of Meritus, adds:

“At Meritus, we have always believed in building long-term, meaningful relationships with the families we serve. Our goal has always been to honor the past while building momentum for tomorrow, and in Opera, we’ve found a partner who understands both the responsibility and opportunity of that vision. As expectations rise and the industry evolves, we are proud to help lead the next chapter, grounded in our values and strengthened by Opera’s global reach and shared philosophy.” 

Pending regulatory approval, integration will be conducted thoughtfully, preserving Meritus’ legacy while leveraging Opera’s resources to enable future growth.

Following completion of both the Meritus and Accuro acquisitions, Opera’s operating jurisdictions will expand to eight: Bermuda, Geneva, Guernsey, Isle of Man, Jersey, London, Mauritius and The Bahamas, with combined assets under administration exceeding $71.6bn+. 

Wyvern Partners introduced the transaction to Opera. 

To learn more about Opera’s vision and its group of businesses, visit www.operalimited.com.

For insights into Meritus difference, visit https://meritustrust.com/the-meritus-difference/. 

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Wednesday 1 October, 2025

Opera Group Limited, a privately held company of fiduciary, corporate and fund administration businesses majority owned by Stephen Lansdown CBE, is pleased to announce the addition of Accuro, subject to regulatory approval.

A strategic milestone for Opera 

Opera’s fourth acquisition marks a major milestone given Accuro’s reputation as one of the leading private wealth specialists, its 220 people multi-jurisdictional platform across Geneva, Jersey, London and Mauritius and its focus on ultra and high-net-worth families and entrepreneurs. This decision accelerates Opera’s expansion into key strategic markets and broadens the group’s capabilities across private client and corporate services.

Cultural and client first alignment

Opera brings together culturally aligned, client-focused firms under a distinctive model of long-term ownership not seen elsewhere in the industry. Both firms are guided by a belief in long-term relationships, thoughtful governance and a people-first approach. Together, they will strengthen their ability to support clients whose needs cross borders, generations and structures.

Opera deliberately fills a gap in the market for relationship-led service with global reach, supported by modern infrastructure and long-term capital.

A unique ownership model built for the long-term

Opera is majority backed by Pula, the family office of Stephen Lansdown CBE – co-founder of Hargreaves Lansdown – alongside like-minded shareholders such as Sealyham, the family office of Tom Scott.

This family-backed model provides the patient capital and strategic perspective that enables Opera to bring together like-minded businesses – supporting their growth, modernisation and evolution, while preserving what makes them exceptional.

Accuro joins Opera as part of Project Overture, a five-year plan to optimise how the group operates, grows organically and expands into new markets and jurisdictions by partnering with the right businesses.

Looking ahead to this new chapter, Kim Sgarlata, Group CEO and Executive Director of Opera, comments: 

“This acquisition is an exciting step for both Opera and Accuro. Accuro’s client-first approach, commitment to responsible wealth stewardship, and deep expertise in private client services make it an excellent fit within our growing portfolio. With Opera’s strategic backing and longterm vision, we’re poised to unlock new opportunities – enhancing the experience for our clients, creating meaningful growth for our people, and building a platform that sets new standards for our industry.”  

On joining Opera, Xavier Isaac, Group Chief Executive Officer of Accuro, says: 

“Since the launch of Accuro, the founders’ ambition has always been to perpetuate Accuro’s ethos and protect what underpins the fundamentals of its success: the integrity and the quality of the relationship between the partners, healthy and happy relationships with our clients, a caring and performing environment for our staff, the freedom to think independently in the best interests of our clients, and being a force for good for our industry. We found Opera and immediately realised its unique ability to position our business for the next phaseof its evolution while remaining true to our founders’ ambitions. While this transaction brings significant change, it opens amazing opportunities for all Accuro stakeholders.”

Subject to regulatory approval, integration will be structured to preserve Accuro’s established legacy and reputation while leveraging Opera’s resources for future growth. Clients and colleagues can expect continuity, enhanced capabilities and access to a broader international platform.  

Accuro joins Amber Trust (now “Oak Bahamas”), HFL Limited and Oak Group in the Opera portfolio.

To learn more about Opera’s vision and its group of businesses, visit www.operalimited.com.

To find out more about Accuro’s approach to wealth stewardship, visit www.accuro.com/insights.

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3 July, 2025

Accuro, an award-winning independent trust and private office company, is delighted to announce eight promotions across its Jersey and Mauritius offices.

The promotions reflect our continued commitment to developing and promoting from within, starting at a grass-roots level all the way up to senior leadership. Our ongoing investment in employee development cultivates a skilled and adaptable workforce. This in turn fosters an ambitious talent pool – one that is rewarded for contributing to the company’s success.

Congratulations to the individuals listed below who demonstrate the qualities and motivation required to take our organisation forward.

Jersey

Antony Dugler – Associate Director

Lisa Gray – Senior Project Manager (Group)

Kai Little – Senior Administrator

Cerys O’Connell – HR Administrator

Izzy Stuart – Administrator

Mauritius

Vishay Ghumundee – Senior IT Infrastructure Engineer
Ginisha Radhakissen – Senior Administrator – Client Service Support
Sarfaneez Joolfoo – Senior Administrator – Client Service Support

Xavier Isaac, Accuro CEO, said: “My congratulations go to everyone who has worked hard to achieve their promotion and I wish them all the best of luck in their new positions. It is vital that we invest time and effort in ensuring the future leaders of our industry are nurtured and given the opportunity to develop. At Accuro we are proud to have created a culture that encourages our people to grow and develop professionally – this in turn means they can serve our clients to an incredibly high standard and be our leaders of tomorrow.”

December 17, 2024

Accuro, an award-winning independent trust and private office company, is delighted to announce 21 promotions across its four offices in Jersey, Geneva, Mauritius and London. The promotions mark a further expansion of Accuro’s organic growth and strong performance across all geographies.

As part of our continued commitment to developing and promoting from within, two of our senior leadership team have been appointed as directors of the board for Accuro Fiduciary Services Limited. Alex Petrie, Chief Risk Officer, and Jonathan Trim, Chief Information and Technology Officer, will take on the additional responsibility of joining the board of directors responsible for leading and executing Accuro’s strategic vision.

Accuro is also proud to announce a number of promotions throughout the Accuro Group – congratulations to the individuals listed below who demonstrate the qualities and ambition required to take our organisation forward, and comprise the next generation of industry talent.

Jersey

Amanda Docherty – Senior Risk and Compliance Manager
Ana Martins – Senior HR Manager
Carl Duncan – Manager
Costy Sofilca – Senior Risk and Compliance Analyst
Jordan Hampton – Senior Administrator
Jasmine Le Lievre – Administrator

Geneva

Astrid Martin – Senior HR Manager
Britny Ansaah – Client Accountant
Thomas Brookes – Assistant Relationship Manager

Mauritius

Laurent Savripen – Senior IT Executive – Infrastructure and Security
Aashmi Ramjee-Gokhool – Senior HR Manager
Anusha Jaunkeepersad – Senior Client Accountant
Ashitosh Bundhun – Senior Client Accountant
Deepshikha Joyseery – Senior Client Accountant (AGSL)
Namrata Ramnarain – Senior Client Accountant
Noor Goolfee – Senior Client Accountant (AGSL)
Furdaus Soobratty – Senior Administrator (AGSL)

London

Lizzy Morton – Senior Marketing Manager
Dawn-Fleur Charman – Senior Administrator

Xavier Isaac, Accuro CEO, said: “My congratulations go to everyone who has worked hard to achieve their promotion and I wish them all the best of luck in their new positions. It is vital that we invest time and effort in ensuring the future leaders of our industry are nurtured and given the opportunity to develop. At Accuro we are proud to have created a culture that encourages our people to grow and develop professionally – this in turn means they can serve our clients to an incredibly high standard and be our leaders of tomorrow.”

July 1, 2024

Accuro, the leading independent trust and private office company, is delighted to announce the promotion of seven colleagues. The promotions mark a further expansion of Accuro’s organic growth and strong performance across all geographies.
 
Senior promotions include Mark Pinnick who takes on the role of Head of Client Services in Jersey and Rakesh Prayag who is appointed as Client Services Director in Mauritius.
 
The other promotions are in our Mauritius office and include Tashmi Gunnoo (Client Service Executive), Kamlesh Leelah (Senior Relationship Manager), Muhsinah Peerbocus (Senior Relationship Manager), Preseela Chavreemootoo (Senior Relationship Manager), and Saamir Emritte (Senior Relationship Manager).
 
Xavier Isaac, Accuro’s CEO, said: “My congratulations go to everyone who has worked hard to achieve their promotion. I wish them all the best of luck in their new positions.”
 
Rebecca Hone, Accuro’s Chief People Officer, said: “I am confident that with our variety of experience and perspectives across the Accuro Group we can continue to grow and nurture the next generation of talent.”

London, February 26, 2024

Accuro, the leading independent trust and private office company, is delighted to announce it has taken a significant step to accelerate its pursuit of the 2030 United Nations’ Sustainable Development Goals (SDGs). Accuro has engaged Paragon +Impact to conduct an objective and inclusive materiality assessment. The outcome thereof will guide Accuro to further its impact strategy against its identified SDGs.

Using the Paragon +Impact system, which is being adopted by financial institutions and NGOs across the UK, Europe and South Africa, Accuro will be working closely with the Paragon +Impact sustainability team to integrate impact reporting and assessment into its business activities.

Paul Douglas Managing Director – Jersey, Accuro says, “Through our vision of being “a progressive force for good” for our clients, our people and the planet, the need to collaborate with subject matter experts like Paragon +Impact is essential. We are delighted to be one of the first Trust and Fiduciary companies to demonstrate impact management and meaningful reporting against the SDGs to such an evidence-based level, thereby being able to reassure our stakeholders that they are part of a transition to a more sustainable and net positive future”.

Talking about the partnership, Paragon CEO Philip Faure says, “We are delighted to support Accuro in setting an example to its clients and stakeholders on how it is possible to manage and report against impact to demonstrate transition and legacy, that is more than just wealth, to future generations.”

London, December 12, 2023

Accuro, the leading independent trust and private office company, is delighted to announce the promotion of eight colleagues across its Jersey, Switzerland, and Mauritius offices. The promotions mark a further expansion of Accuro’s organic growth and strong performance across all geographies.
 
Senior promotions include Una Smith who takes on the role of Client Services Director in Jersey and Stephen Weaver who is appointed as Head of Client Accounting for our Swiss operations in Geneva.
 
The other promotions are Dave Ferre (Senior Client Accountant – Jersey), Joanne Cesa (Senior Compliance Officer – Mauritius), Julie-Ann Doyle (Senior Relationship Manager – Jersey), Sophia Brown (Relationship Manager – Jersey), Alison Smith (Relationship Manager – Switzerland) and Natalia Kalyuzhnaya (Trust Administrator – Jersey).
 
Xavier Isaac, Accuro CEO, said: “My congratulations go to everyone who has worked hard to achieve their promotion. I wish them all the best of luck in their new positions.”
 
Rebecca Hone, Accuro Chief People Officer, said: “Diversity and inclusion is a top priority for our business, and I’m delighted that women represent 75% of this latest round of promotions. I am confident that with our variety of experience and perspectives across the Accuro Group we can continue to grow and nurture the next generation of talent.”