DUBLIN, June 13, 2018 /PRNewswire/ -- DMS Governance
("DMS"), the world's leading fund governance + risk + compliance
firm today announced the acquisition of Aviation Corporate Services
Limited (AvCS) an Irish based aviation corporate services company.
To keep pace with client growth and the significant expansion
of its Structured Finance business, this acquisition allows DMS to
extend its current range of corporate structures, partnerships, and
trusts, providing greater flexibility for aviation
transactions.
Ireland has long been
considered the birthplace of the aviation finance industry. The
recent rapid expansion of private capital into the aviation leasing
market has left the private fund industry looking for high-quality
corporate service providers to serve the ever-increasing use of
special purpose vehicles (SPVs) in the aviation leasing market.
DMS' newly strengthened Structured Finance team is now able to
offer a complete suite of aviation services globally,
differentiating itself from competitors. DMS advises on the best
structure for transactions and provide local lawyers and tax
advisors with the appropriate aviation experience to ensure
completion of projects on time and within budget. DMS works
alongside some of the largest law firms and professional advisors
in Ireland and internationally,
ensuring a seamless, best-in-class solution for clients including;
lease management, treasury services and day-to-day SPV
administration.
DMS Aviation Leasing Services:
- Special purpose vehicle (SPV) incorporation and structuring
services
- Aircraft lease and contracts management service
- SPV securitization services
- Aviation literate and experienced Irish resident directors
- Company secretary and secretarial services
- Registered office
- Bookkeeping, taxation and reporting compliance
- Share trustee
- SPV administration services
- Bank account and treasury management services
- Waterfall calculation agent
- Registrar and paying agent (to unlisted notes)
Following the acquisition, DMS is pleased to welcome industry
veterans Niall McNamara and
Frank Dowling plus their team of
nine aviation specialists to the DMS AvCS team, all of whom have
developed a strong reputation for consistently delivering targeted,
cost-effective advice and solutions to the global aviation
industry.
Niall McNamara, Chief Executive
Officer of AvCS, commented: "The AvCS business has been built on a
partnership platform with our clients. Frank and I are delighted to
have found a strong strategic partner in DMS Governance that
complements this partnership approach. DMS brings the
professionalism, global reach and energy to move the business to
the next level of service offering for the aviation and corporate
services market."
Derek Delaney, Global Chief
Operating Officer at DMS commented: "We are extremely pleased to
add the experience and expertise of AvCS to our existing structured
finance services. The acquisition will be integral to our growth
within this market, strengthening our product offering and giving
us a point of difference from our competitors."
About DMS
DMS Governance is the worldwide leader in
fund governance + risk + compliance representing leading investment
funds and managers with assets under management exceeding
$350Bn. DMS is a global institutional
firm that excels in delivering high-quality services across a
diverse range of investment fund structures and strategies. We are
proud to be the leading independent provider of AIFM, UCITS
Management Company and MiFID services to many of the largest
institutional investors and asset managers globally.
Media Contact
Alison
Mitsas
Marketing Director
DMS Governance
(p) +1.345.749.2514 (c) +1.345.325.1776
E:amitsas@dmsgovernance.com