Abacus is a professional services firm that offers forming and managing companies, wealth management, pension solutions, fund services, tax residency solutions and more. It provides its services to individuals, businesses and families. It was founded in 1974 and is based in Gibraltar, England.
Latest Abacus News
Jan 25, 2024
Abacus provides cash flow-based senior financing to private equity and family office-sponsored, lower-middle market companies that have EBITDA between $3 million and $15 million By John McNulty Abacus Finance Group has announced the promotions of Joseph Lee to senior vice president and Austin Rendell to vice president. In addition, the firm has hired Matthew Campanella as an analyst. As an investment team member, Mr. Lee, who joined Abacus in 2014, is involved with structuring, underwriting, executing, monitoring, and valuing investments for the firm. Before joining Abacus, he was an analyst at GE Capital. Mr. Lee has his undergraduate degree in accounting and finance from the University of Illinois. Mr. Rendell, who joined Abacus in 2019 as an analyst, works as part of the investment team in structuring, underwriting. and executing new investments; and he also performs various portfolio monitoring and valuation roles. Before joining Abacus, he was an analyst in the food and consumer group at BMO Harris Bank. Mr. Rendell has his undergraduate degree from the McDonough School of Business at Georgetown University. As an analyst with Abacus, Mr. Campanella will be active as an investment team member in structuring, underwriting, executing, monitoring, and valuing investments for the firm. He has his undergraduate degree in economics from Boston College. “We are especially proud of the accomplishments of Joe and Austin as members of what has become one of the most experienced investment teams in our industry. As we enter our thirteenth year, that experience continues to deepen, and we are better prepared than ever to meet our goal of providing our sponsors with the talent and resources that will deliver swift and efficient service,” said Tim Clifford, the president and CEO of Abacus. “The strength of our investment team and our ability to move quickly are important aspects of why they can Count on Us™ and the effectiveness of our Total Partnership Approach™.” Abacus provides cash flow-based senior financing to private equity and family office-sponsored, lower-middle market companies that have EBITDA between $3 million and $15 million. Debt facilities can be as large as $50 million. Since Abacus’s founding in June 2011, it has closed over $3 billion in financings. Abacus, led by Mr. Clifford, is headquartered in New York City and is an affiliate of New York Private Bank & Trust which was founded in 1850. © 2024 Private Equity Professional | January 25, 2024 MORE NEWS
Abacus Frequently Asked Questions (FAQ)
Where is Abacus's headquarters?
Abacus's headquarters is located at 5-9 main street, Gibraltar.
Who are Abacus's competitors?
Competitors of Abacus include Sanlam and 4 more.
Compare Abacus to Competitors
Evelyn Partners focuses on wealth management, accountancy, and business advisory services. The company offers a range of services including financial planning, investment management, personal tax compliance, advisory consulting, business tax services, and corporate finance transactions. It primarily serves sectors such as online investors, charities, entrepreneurs, corporate businesses, and financial advisers. The company was formerly known as Tilney Smith & Williamson. It was founded in 1836 and is based in London, United Kingdom.
Schroders Personal Wealth (SPW) offers financial planning services. It provides wealth management, investment solutions, retirement planning, and more. The company was founded in 2019 and is based in London, United Kingdom.
Mitchells Chartered Accountants & Business Advisers is a firm specializing in accounting, business advisory, and auditing services. They offer a comprehensive suite of services including tax compliance, financial planning, corporate finance, and support for payroll management. The company primarily serves sectors such as the care home industry, high growth businesses, and various other small to large enterprises. It was founded in 1868 and is based in Chesterfield, England.
Johnston Carmichael is a leading firm specializing in chartered accountancy and business advisory within the financial sector. The company offers a broad range of services including audit and assurance, tax planning for individuals and corporations, corporate finance, restructuring, and consulting. Johnston Carmichael primarily serves a diverse clientele across various sectors with a focus on personalized financial and business solutions. It is based in Aberdeen, Scotland.
Operator of an alternative residency and citizenship e-marketplace. The company provides a platform that brings together a selection of alternative residency and citizenship programmes and service providers. The company's aim is to help individuals interested in acquiring alternative residency or citizenship, by raising awareness about the industry, and the variety of programmes that exist worldwide, through ethical marketing practices. The platform make it easy to search, find and compare the different programmes available, whilst helping our customers make informed decisions by providing a list of service providers, together with pricing information and ratings.
Alder Capital operates as an investment management firm. It provides advisory services to international banks, pension funds, life assurance companies, and asset management companies. It offers investment programs such as Alder Global 20 and Alder Global 10. It was founded in 2001 and is based in Dublin 2, Ireland.