25 February 2026
DLA Piper advises PINE Advisor Solutions on sale to Centralis Group
DLA Piper advised PINE Advisor Solutions (PINE), a US-based compliance, fund officer, and distribution services provider, on its acquisition by Centralis Group (Centralis), a global alternative asset and corporate services provider.
PINE distributes more than US$25 billion in exchange-traded fund (ETF) assets and provides services for outsourced chief compliance and financial officers, principle financial officers, and traditional and alternative asset managers at both US registered and private funds. The acquisition enhances the global presence of Luxembourg-based Centralis by expanding its access to the US market and broadening its capabilities in regulatory compliance, fund services, registered funds, evergreen wrappers, and active ETFs.
“We are excited to start this next chapter with Centralis,” said Derek Mullins, Co-Founder and Managing Partner of PINE Advisor Solutions. “The extra care and diligence exhibited by the DLA Piper team made this deal possible.”
“We built PINE to deliver quality services and solutions amid challenging regulatory and operational environments,” said J.B. Blue, Co-Founder and Managing Partner of PINE Advisor Solutions. “Joining Centralis provides us with additional global scale while allowing us to remain focused on the service model and culture that defines PINE.”
“This transaction reflects the continued globalization of financial services,” said Eric Grossman, Vice Chair of DLA Piper’s Private Equity group. “Our ability to advise clients across the asset management sector helped the parties navigate regulatory complexity and execute this cross-border deal efficiently.”
Grossman (Reston) led the deal team, which included Of Counsel Melissa Sampson and Associate Michelle Bauer (both Washington, DC).
With more than 225 global lawyers providing strategic counsel to private equity funds and their industry-leading portfolio companies, DLA Piper’s Private Equity practice has the capacity, experience, and relationships to help drive value across the investment life cycle by delivering responsive, efficient, and integrated solutions around the world. DLA Piper’s Private Equity practice ranks as the #2 most active among global law firms, according to Pitchbook.
PINE distributes more than US$25 billion in exchange-traded fund (ETF) assets and provides services for outsourced chief compliance and financial officers, principle financial officers, and traditional and alternative asset managers at both US registered and private funds. The acquisition enhances the global presence of Luxembourg-based Centralis by expanding its access to the US market and broadening its capabilities in regulatory compliance, fund services, registered funds, evergreen wrappers, and active ETFs.
“We are excited to start this next chapter with Centralis,” said Derek Mullins, Co-Founder and Managing Partner of PINE Advisor Solutions. “The extra care and diligence exhibited by the DLA Piper team made this deal possible.”
“We built PINE to deliver quality services and solutions amid challenging regulatory and operational environments,” said J.B. Blue, Co-Founder and Managing Partner of PINE Advisor Solutions. “Joining Centralis provides us with additional global scale while allowing us to remain focused on the service model and culture that defines PINE.”
“This transaction reflects the continued globalization of financial services,” said Eric Grossman, Vice Chair of DLA Piper’s Private Equity group. “Our ability to advise clients across the asset management sector helped the parties navigate regulatory complexity and execute this cross-border deal efficiently.”
Grossman (Reston) led the deal team, which included Of Counsel Melissa Sampson and Associate Michelle Bauer (both Washington, DC).
With more than 225 global lawyers providing strategic counsel to private equity funds and their industry-leading portfolio companies, DLA Piper’s Private Equity practice has the capacity, experience, and relationships to help drive value across the investment life cycle by delivering responsive, efficient, and integrated solutions around the world. DLA Piper’s Private Equity practice ranks as the #2 most active among global law firms, according to Pitchbook.