Artex Capital Solutions acquires Frontier Financial Services
Artex Capital Solutions has completed the acquisition of Bermuda-based Frontier Financial Services.
The acquisition, recently announced by Arthur J. Gallagher & Co., enables Artex to offer enhanced services to its clients.
The terms of the transaction remain undisclosed, but the move is set to bring about significant synergy between the two companies.
Frontier Financial Services has a specialisation in consulting, recruitment, business services, and immigration services primarily catering to reinsurance clients in Bermuda.
Kathleen Faries, CEO of Artex Capital Solutions, said: “Artex and Frontier found a highly regarded partner in each other with shared values focused on culture, service, proficiency and performance centred on individual client goals.
“Frontiers’ reputation in recruitment and staffing consulting services means we will be better positioned than ever to offer a truly one-stop solution to our clients, including assisting startups and mature companies with their short and long term staffing requirements and related services,'' added Faries.
Frontier Financial Services will continue its operations in Bermuda, with no immediate changes to its team or location.
Clients and employees of Frontier will, however, gain access to Artex's resources.
These resources range from pre-incorporation concept development and structure design to incorporation, licensing, and ongoing company management and advisory services.
Frontier director and co-founder Peter Brodsky, said: “Developing talent across career spectrums is a key part of our clients’ growth strategy… I am confident that our staff will greatly benefit from being a part of a larger network of clients and relationships that Artex will bring to this new partnership.”