About Union Trustees
Union Trustees is a company based in Lagos (Nigeria) founded in 1966, and was acquired by Verod in April 2015. Portfolio and funds management services are offered in Nigeria. Its chief executive, as recorded, is Oluseyi Olufunke. Its legal entity is Maine Potato Growers, Inc.
Company details
Union Trustees was established in 1966 as a trustee company based in Lagos, Nigeria. Operations focus on the financial services sector, where various trustee functions are handled. Services provided include portfolio and funds management, estate administration, loan syndication, will administration, employee share management, endowment fund oversight, property and family trust management, living benefit trusts, nominee services, and custodian trusteeship. Consortium finance management is also supported.
- Headquarters Lagos, Nigeria
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website uniontrusteeslimited.com/cgi-sys/suspendedpage.cgi
- Social LinkedIn
- Acquired by Verod (Apr 2015)
- Legal Name Maine Potato Growers, Inc
- InvestorsQuilvest Private Equity
& 1 more
- Acquired byVerod
(Apr 2015)
Funding Insights of Union Trustees
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Union Trustees with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2014 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Union Trustees
Union Trustees has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Quilvest Private Equity and Verod.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm backed by quilvest group | quilvestprivateequity.com | Las Condes, Chile | ||
Verod is recognized as a leading African investment firm. | 2008 | verod.com | Lagos, Nigeria |
Investor details for Union Trustees
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Union Trustees
1 people are tracked at Union Trustees (1 in leadership).
| Name | Role | Group |
|---|---|---|
Oluseyi Olufunke | CEO | Leadership |
Complete people profiles for Union Trustees
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Union Trustees
3 dated milestones of Union Trustees across 49 years, from founding to its latest funding, stage changes and deals.
- Founded Union Trustees is founded.
- Funding First funding round.
- Exit Acquired by Verod.
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Frequently Asked Questions about Union Trustees
Union Trustees was founded in 1966 and raised its 1st funding round 48 years after it was founded.
Union Trustees is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Oluseyi Olufunke is the CEO of Union Trustees, as recorded in our data.
Union Trustees was established in 1966 as a trustee company based in Lagos, Nigeria. Operations focus on the financial services sector, where various trustee functions are handled. Services provided include portfolio and funds management, estate administration, loan syndication, will administration, employee share management, endowment fund oversight, property and family trust management, living benefit trusts, nominee services, and custodian trusteeship. Consortium finance management is also supported.
Union Trustees has 2 investors. Key investors include Quilvest Private Equity, and Verod.
Union Trustees operates through Maine Potato Growers, Inc.
Yes. Union Trustees was acquired by Verod in April 2015.