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Summit Group Acquires UAE-based Sanctuary

Summit Group announce that Sanctuary, a leading provider of bespoke solutions for entrepreneurs and families in the UAE, is now part of Summit Group. This strategic alliance, supported by Sovereign Capital Partners, is a key step to broaden Summit Group's service range and extend global presence.

Summit Group announce that Sanctuary, a leading provider of bespoke solutions for entrepreneurs and families in the UAE, is now part of Summit Group. This strategic alliance, supported by Sovereign Capital Partners, is a key step to broaden Summit Group’s service range and extend global presence.

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Since its inception in 2019, Sanctuary has rapidly established itself as a market-leading provider of services to entrepreneurs and families in the UAE, offering a comprehensive range of fiduciary, tax and advisory services that cater to the unique and complex requirements of their clients in the region. Sanctuary’s approach focuses on precision and client-specific solutions, aligning with our ethos. Sanctuary broadens the range of services our combined group can offer to clients and increases the number of international locations to serve them.

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The integration of Sanctuary into Summit Group portfolio is a significant step in our goal to create a selectively global leader in the fiduciary sector. This strategic move enhances Summit’s capabilities and extends our reach to key locations in the fast-growing Middle East market, reinforcing our dedication to providing personalised, high-quality services that cater to the evolving needs of clients worldwide.

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Matt Claxton, Summit Group CEO, said: “I’m delighted to welcome everyone at Sanctuary into the Summit Group. Summit and Sanctuary share a passion for helping clients achieve success and navigate an increasingly complex world. Both pride themselves on providing a personalised, professional and high-quality service to help clients achieve their goals. And we are both committed to caring for and supporting our colleagues, and playing a positive role in the communities in which we live and work. The combination of our businesses is going to bring benefits to our clients and provide more opportunities for members of both teams.”

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Deepak Malhotra, CEO of Sanctuary, adds: “This is a great opportunity for Sanctuary. Becoming a member of Summit Group, with its steadfast professionalism, strong financial backing, and growing international footprint will help us provide a more extensive range of services globally to our clients and create opportunities for our people. I look forward to working with Matt and the Summit Group team.”

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About Summit Group

Founded in 2021, The Summit Group specialises in helping clients to navigate the complexities of growing, protecting and passing on their wealth. It’s expertise in trust and company services ensures continuity in an increasingly complex world, and independence allows to act impartially and in the very best interests of clients. The Summit Group offers bespoke services in private wealth, corporate services, family offices and charity and philanthropy.

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