Dutch Intertrust buys U.S.-based Viteos for $330 million

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Dutch Intertrust buys U.S.-based Viteos for $330 million
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Intertrust has acquired U.S.-based Viteos for $330 million, the Dutch business a...

- Intertrust has acquired U.S.-based Viteos for $330 million, the Dutch business administration company said on Tuesday, in a deal that will help strengthen its foothold in the United States and increase exposure to funds.

“This is a significant leap forward for Intertrust which will accelerate our strategy in every way,” Stephanie Miller, Intertrust’s chief executive said in a statement. The company said that the synergies will mainly come from offshoring selected support functions for client-facing teams, back office and IT support.

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