Tue, 17 Sep 2013 | MBO/MBI
Corporate service business Equiom has been purchased in a management buy-out, with support from private equity firm LDC.
Founded over 30 years ago, Equiom is based on the Isle of Man and offers fiduciary and administration services relating to various asset classes for a broad customer base. It became Ernst & Young’s fiduciary business in 1990.
It changed hands in 2006 following an MBO led by group managing director Sheila Dean, backed by Isis Equity Partners.
Equiom went on to make several business purchases including Intertrust, a yachting and aviation business on the Isle of Man in 2011, Jersey-based fiduciary services provider Andium Trust in 2012 and trust services Isle of Man firm City Trust in April.
It has effectively added administration services to e-Gaming, crewing, aviation and yachting to its offerings as a result of its deals.
The 100-staff firm with offices in Isle of Man, Jersey and Malta, will use the additional support to fuel growth and further business acquisitions.
Sheila Dean told Insider Media: “Our strategy for organic and acquisitive growth will continue as we enter new markets, offering our loyal intermediaries and clients even more diverse jurisdictional solutions.
“LDC’s investment brings additional strategic input and financial backing to our business and reflects the confidence that both parties have in Equiom’s growth potential.”
___________________________________________________________________________
Related information:
View the latest businesses for sale
Tips on acquisition strategies
The business designs, manufactures and sells electrotherapy, physiotherapy and other rehabilitation products used by physiotherapists, chiropractors, osteopaths, vet physios, distributors, and sports massage therapists in the UK, the European Union,...
FREEHOLD
The company is a highly regarded Managed Service Provider of IT solutions and professional services to clients throughout the UK. The business’s variety of solutions includes cyber security; user, systems and hardware support; turnkey projects; netwo...
Project Echo invents, designs, and manufactures racking systems for the transport of vehicles into shipping containers for worldwide distribution. All products are designed for safety and longevity, and are highly recyclable, reducing the detrimental...
16
|
May
|
Oakfield Estate Agents acquires East Sussex firm | BUSINESS SALE
Oakfield Estate Agents has announced the acquisition of an i...
16
|
May
|
Private equity investor uses invoice finance facility in logistics firm deal | BUSINESS SALE
Private equity investor Shilling Group has acquired a logist...
16
|
May
|
Administrators appointed at broadcasting equipment hire firm | ADMINISTRATION
A Crawley-based company that supplies broadcasting equipment...
22
|
Aug
|
Private equity firm backs warehouse safety group’s buy and build strategy | BUSINESS NEWS
Private equity firm LDC’s West Midlands team has backe...
05
|
Mar
|
Private equity-backed Onecom completes 9 Group acquisition | BUSINESS SALE
Telecoms and cloud services provider OneCom, which is backed...
16
|
Sep
|
Cheshire-based SRL Traffic Systems completes MBO | MBO/MBI
SRL Traffic Systems, a manufacturer and supplier of portable...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.