Strategia, a leading asset management firm, has recently acquired Ekada Capital in a move aimed at providing high-value asset management services.
The acquisition has been approved by the Financial Services Commission, solidifying Strategia’s position as a key player in the industry in Mauritius and the region.
Specializing in asset and wealth management, both firms have joined forces to enhance their operations strategically.
The newly formed entity, Strategia, will offer an optimal range of services and products through a vast network of partnerships and will benefit from a larger pool of talented professionals in the industry.
This merger will also result in economies of scale and strong synergies, including increased operational efficiency.
Founded in 2016 and led by Dilshaad Bundhun and Didier Merle, both experienced finance professionals with years of banking experience, Strategia shares a clear vision, an innovative approach, and common values with Ekada.
This merger presents an ambitious opportunity to provide clients with better personalized financial solutions and the unique expertise of a qualified and expanded team.
Dilshaad Bundhun and Didier Merle, the Directors of Strategia, expressed their pride in adding Ekada Capital and its privileged client portfolio to their operations, citing the opportunity to combine forces to offer top-notch wealth management services.
Loïc Bax de Keating and Muhammad Seedat, renowned professionals in the industry, will also be part of the new management team.
On the side of Ekada Capital, Laurent de La Hogue, Chairman, and Loïc Bax de Keating, interim CEO, expressed their satisfaction with the new opportunities brought by the merger, emphasizing the added value that Strategia’s experienced team will provide to clients.
IBL Ltd will remain a significant shareholder in the new structure, alongside Strategia’s partners and some members of the management team.
As Mauritius aims to establish itself as a strong international financial center, the synergy resulting from this partnership will significantly bolster this positioning.
Source: Le Mauricien
