Equiniti

Equiniti Group plc
Public (LSE: EQN)
Industry Outsourcing
Founded 2007
Headquarters Lancing, West Sussex, UK
Key people
 Philip Yea, Chairman
Guy Wakeley, (CEO)
Revenue £406.1 million (2017)[1]
£37.3 million (2017)[1]
£15.6 million (2017)[1]
Website www.equiniti.com

Equiniti Group plc is a British-based outsourcing business focused on financial and administration services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The business has its origins in the share registration business of Lloyds TSB which was bought out from Lloyds by Advent International, a private equity institution, in 2007.[2] The company was the subject of an initial public offering in October 2015.[3] In July 2017 it announced the acquisition of the share registration business of Wells Fargo.[4]

Operations

The company is organised into three core businesses: Investment solutions, intelligent solutions and pensions solutions.[5]

References

  1. 1 2 3 "Annual Report 2017" (PDF). Eqiniti Group. Retrieved 25 March 2018.
  2. ↑ "Equiniti to raise £390m in flotation". Yorkshire Post. 2 October 2015. Retrieved 13 September 2017.
  3. ↑ "Equiniti announces IPO plans". Investors Chronicle. 8 October 2015. Retrieved 13 September 2017.
  4. ↑ "Equiniti buys Wells Fargo's share registration arm for $227m". FT. 12 July 2017. Retrieved 13 September 2017.
  5. ↑ "Equiniti". Hargreaves Landsdown. Retrieved 13 September 2017.
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