TEAM plc, a financial services company based in Jersey, has announced a notable change in its shareholder structure with the addition of Salus Alpha Financial Services AG (SAFSAG), an investment firm from Liechtenstein. SAFSAG has acquired an 8.9% stake in TEAM plc, reflecting a substantial commitment to the company’s future. This move underscores SAFSAG’s confidence in TEAM plc’s growth and aligns the company with an investor that has a strong background in financial services.
TEAM plc’s Executive Chairman, Mark Clubb, welcomed SAFSAG’s involvement, highlighting that this partnership reinforces the company’s strategic aims. He expressed enthusiasm about the addition of SAFSAG’s expertise, noting that their insight and support would contribute to TEAM plc’s future success and bring additional value to clients, shareholders, and stakeholders alike.
The investment also bolsters TEAM plc’s shareholder base as it focuses on expanding its service offerings. SAFSAG’s backing strengthens TEAM plc’s vision to achieve sustainable growth and profitability within the financial services industry.
Based in Liechtenstein and Luxembourg, Salus Alpha specialises in wealth management and operates a digital investment platform, supporting independent asset managers and distribution partners across Europe. Known for combining regulatory knowledge with advanced technology, Salus Alpha’s expertise aligns well with TEAM plc’s objectives as the company continues to grow its market presence.
This new partnership signals a positive step for TEAM plc’s future, offering the potential for enhanced growth and value for all stakeholders involved.