DM Financial acquires Solutional

October 2022

DM Financial, leading provider of specialist accounting services to the global alternative asset management industry has announced the acquisition of Netherlands based Solutional, a reporting, assurance, and consulting specialist for the financial sector.

Led by founder Ian Doran, DM Financial's core service lines expanded to include specialised management accounting, corporate secretarial, liquidation and taxation compliance services with a growing international footprint with offices in Ireland, UK, Singapore, and the Cayman Islands. As of January 2022, the Company has provided reporting, compliance and accounting services to investment vehicles which have combined assets of circa US$700bn.

Solutional, founded by Roger van den Berg, Marco van Empel and Martin Stravers has been providing financial and regulatory reporting services to the asset management industry for 17 years, preparing annually more than 30,000 financial and regulatory reports annually, and is the leading asset management reporting provider in the Netherlands. Solutional also provides consulting, internal audit and operational audit services for AIFMD and UCITS asset managers, pension funds and fund administrators, including ISAE3402 assurance services.

Ian Doran, CEO at DM Financial, said:

Solutional has been the pre-eminent provider of reporting, risk, regulatory and assurance services for investment managers, funds and other regulated financial services entities in the Netherlands market for almost 20 years.

We are delighted to partner with Marco, Roger, and Martin, along with their expert team of over 30 talented colleagues. We are combining two highly experienced teams with comparable cultures and values, as well as strengthening our Continental European footprint. The investment will support our growth ambitions of becoming one of the leading providers of reporting and assurance services to regulated financial services entities globally.