Companies

Dublin-based Waystone agrees £140m deal to acquire British firm Link Fund Solutions

Under the terms of the deal, the Dublin-headquartered financial services company will pay between £110 million and £140 million to acquire the business

Founded in 2021 through a merger between MontLake, MDO and DMS, Waystone has grown rapidly in the last two years, both through organic growth and acquisition. Picture: Google

Waystone, the Dublin-headquartered financial services group, has agreed a deal valued at up to £140 million (€160 million) to acquire the Irish and British businesses of Link Fund Solutions, which is part of the Australian financial services company, Link Group.

In a statement, Link Group said the final terms of the deal are still being worked out, but that it hopes to complete the transaction by October 2023. As part of the deal, Waystone will ...