UAE Business: Sovereign Group acquires PRO Partner Group – Gulf Digital News

UAE Business: Sovereign Group acquires PRO Partner Group – Gulf Digital News

Sovereign Group, a leading global provider of corporate, private client and retirement planning services, has acquired PRO Partner Group (PPG), a top company formation and corporate services provider in the Middle East.

This strategic acquisition combines the regional strength of PPG in the UAE, Qatar, Oman and Saudi Arabia with the global reach of Sovereign Group to deliver tangible benefits and opportunities to clients and staff of both parties.

PPG provides security, efficiency and local knowledge to international corporations and investors looking to set up within the GCC, while Sovereign offers integrated advice, products and services to internationally mobile businesses and people that have complex needs.

Following the acquisition, PPG’s staff will remain in their existing offices and will continue to operate under the PPG brand, except in Saudi Arabia where PPG and Sovereign will partner together and co-brand.

Commenting on the deal, Sovereign Group CEO, Gerry Kelly said: “We have been looking to expand our presence in the Middle East and Africa region and to increase our capacity in the corporate client market and I believe we have found a great fit in PPG. As we explored this deal and got to know Jane and the PPG team, it soon became apparent that