Luxembourg-based investor services firm IQ-EQ is to acquire Zenith Global, an independent service provider specialised in solutions for securitisation and structured finance transactions in Italy, for an undisclosed sum.
The acquisition gives IQ-EQ its first operations in Italy, a key growth market, while bolstering the firm’s global capital markets and structured finance service proposition.
Zenith offers a suite of securitisation services, including SPV and corporate servicing, portfolio servicing (master servicer, primary and special servicer, back-up servicer, calculation agent), regulatory services, and structuring. The team also holds specialist expertise in real estate securitisation.
Established in 1999, Zenith now has more than 200 employees across its two offices in Milan and Rome.
Commenting on the announcement, Mark Pesco, IQ-EQ’s Group Chief Executive Officer, said: “This investment marks another significant milestone in our global expansion strategy. It’s an exciting opportunity to secure a solid presence in a new key growth market, build upon Zenith’s established track record in securitisation solutions, and further strengthen our offering of comprehensive, end-to-end support services for the private markets globally. Together with our acquisition of AMAL Group in the ANZ market earlier this year, we’re really cementing our position as a global provider in the capital markets and structured finance space.
Completion of the deal is anticipated in Q1 2026. Chief Executive Officer of Zenith Global, Umberto Rasori, will continue to lead the Italian business and will join IQ-EQ’s Continental Europe senior leadership team, ensuring continuity of the day-to-day delivery of services.
