CVC-backed TMF Group has acquired Navigator Partners, a [ADDRESS]-based provider of fund and investor administration, corporate and foundation management services. The acquisition, announced on August 20, gives TMF Group an immediate platform in [ADDRESS]’s funds, family office, and foundation administration market. Navigator Partners, founded in 2002, serves more than 800 private equity, family office, and foundation clients across the Nordics.

The firm employs 50 specialists across fund administration, accounting, payroll, property, and tax compliance services. Navigator Partners also operates Compass, its proprietary portfolio reporting platform. The deal expands TMF Group’s Finnish service offering to include financial services for private wealth, family office, private equity, foundation, real estate, and investment clients.

TMF Group is backed by CVC Capital Partners, which acquired the business via CVC Fund VII in 2017.