Opera's $61.5B Acquisition of Accuro Boosts Assets and Team
Billionaire Stephen Lansdown's financial services group, Opera, has acquired Accuro, a significant move that brings Opera's total assets under management to $61.5 billion. Accuro currently manages $24.5 billion. The acquisition, backed by Lansdown's family office Pula, is Opera's fourth this year. It will expand the team from 350 to 570 people and extend Opera's international reach to seven jurisdictions. Kim Sgarlata, Group CEO of Opera, praised the fit of Accuro within their portfolio. Xavier Isaac, Group CEO of Accuro, expressed excitement about Opera's strategic backing. The Göhner family, who are behind and supporting the merger, will see Accuro continue operating under its brand, changing to 'Accuro, Powered by Opera', pending regulatory approval. Following the acquisition, Accuro will operate under Opera, bringing the total assets under management to $61.5 billion. This move signals Opera's continued expansion and growth in the financial services sector.