Transaction

Fidence acquires Mitco Group

Announced

28 August 2026

Target

Mauritius International Trust Company Limited

Value

Undisclosed

Asset class

Corporate Transactions

Type

Merger/Acquisition(M&A)

Instrument

Ordinary Shares (Equity)

Lead investors

Fidence

Investors

Fidence

Sector

Financial services / Investment Holding & SPVs

Markets

Mauritius

About the target

Mauritius International Trust Company Limited is the holding company of the MITCO corporate, fiduciary and fund services group, whose subsidiaries include Mauritius International Trust Company Limited. The Group was founded in 1993 and was amongst the first management companies to be licensed by the Financial Services Commission (FSC) of Mauritius. The Group serves a global client base comprising corporates, investment funds, and high-net-worth individuals, providing corporate structuring, fiduciary administration, fund services, accounting and tax compliance, wealth planning, and regulatory support services. MITCO operates across three service pillars: Governance as a Service (GaaS), Enterprise Value Consolidation, and Shareholders' Value Optimisation. For much of its history, MITCO operated as a subsidiary of CIEL Finance Limited, the financial services and investment arm of CIEL Limited, a diversified Mauritius-based group listed on the Stock Exchange of Mauritius. In August 2026, Fidence Group, a Luxembourg-based international corporate and fiduciary services platform backed by private equity firm Amethis, acquired MITCO through its wholly owned subsidiary, Hoche Partners Corporate Services, following a structured ownership transition involving CIEL Finance and K-Force Ltd.