Sinara Financial to Acquire Cyprus Investment Firm Think Wealth

Fazzaco learned that Sinara Financial Corporation, a part of Sinara Group, has announced its acquisition of Cyprus Investment Firm Think Wealth Ltd.

The newly acquired entity will rebrand as Sinara Financial Corporation (Europe) Ltd. Roman Lokhov, currently the CEO of Sinara Financial Corporation, will be the Chair at the rebranded brokerage unit, and Irina Khrabrova will serve as CEO.

With the new acquisition, the group will be able to offer its investment services throughout Europe to both institutional and retail clients. Its offerings include brokerage, prime brokerage, asset management, HFT trading, research, and investment advice.

It further said that the investment services unit will offer tailor-made products and solutions and high-tech services with a flexible approach to the clients.

“We are growing our investment banking business globally, in accordance with our strategy,” Lokhov said in a statement. “Buying a Cyprus-based broker is an important milestone in this process.” 

“Having a licensed European brokerage is a fundamental part of our global platform for wealth management, brokerage, and global markets services. By the end of the year, the holding company plans to expand the geography of its services and finalize a deal to acquire an investment firm in the UK.”