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April 13, 2022

Sadis & Goldberg LLP Represents Apex Group Ltd. in the Purchase of Shares of FTS Group LLC

NEW YORK, New York, March 14 2022 – Sadis & Goldberg LLP, a full service financial services and corporate law firm, (“Sadis”) represented Apex Group Ltd. (“Apex”), in the diligence, structuring and acquisition of stock in fund administrator, FTS Group LLC (“FTS”).

Apex is a global financial services firm with over 50 offices and 8,000 employees on the close of announced acquisitions and is a worldwide leader in providing services to the alternative and financial services industry. FTS was an independently owned and operated tax services firm serving clients in the Alternative Investment and Family Office sectors and located in Greenwich, CT.

This strategic acquisition serves to further strengthen Apex’s offering for clients in the US market and FTS’ clients will now benefit from Apex’s global, cross-jurisdictional reach and range of additional services including digital banking, global compliance solutions and ESG Ratings and Advisory; and accessing new markets through its globally connected operating model across 50 offices, supported by over 8,000 employees.

“We at Sadis are proud to have been able to provide guidance to Apex in structuring this transaction from a diligence, business and regulatory perspective. This is an exciting opportunity for both FTS and Apex,” said Paul Marino, head of Sadis’ Private Equity and M&A group, Marino continued, “I am especially proud of how Jon Bernstein, lead counsel on the transaction, managed the transaction; he showed both great technical expertise and deal charisma”. Mr. Bernstein served as lead counsel, along with Seth Lebowitz, Alexander Raytman, and Paul J. Marino.

About Sadis & Goldberg LLP

Sadis & Goldberg LLP is a boutique financial services and corporate law firm located in mid-town Manhattan, New York. The firm’s clientele consists of family offices, venture capitalists, hedge and private equity funds, technology companies, banks and closely held corporations, as well as Fortune 100 corporations. The firm offers services to those who demand the highest level of attention and seek cutting-edge advice on how to maximize value on assets and minimize tax liabilities. For more information please visit www.sadis.com.

About Apex Group

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 50 offices worldwide and 8,000 employees upon the close of announced acquisitions, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies. www.apexgroup.com