Isle of Man-based corporate services provider Middleton Katz has announced a deal to join the SMP Group of Companies, a global professional and financial services group.  The transaction has been approved by the Isle of Man Financial Services Authority. Middleton Katz offers corporate, tax, and accounting services to a broad range of clients.

David Hudson, CEO of SMP Group, said: “Middleton Katz is our second acquisition since completion of the MBO on 14 June and represents another significant milestone for our group.” The deal was undertaken with the support of Palatine Private Equity, the UK mid-market private equity house that took SMP through its 2019 MBO, with additional debt funding from Apera Asset Management.