Equiniti

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Equiniti Group plc
Public (LSEEQN)
IndustryOutsourcing
Founded2007
HeadquartersLancing, West Sussex, UK
Key people
Philip Yea, Chairman
Guy Wakeley, (CEO)
Revenue£530.9 million (2018)[1]
£39.9 million (2018)[1]
£20.7 million (2018)[1]
Websitewww.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[edit]

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[edit]

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

Equiniti India[edit]

Equiniti India, Equiniti's Indian offshore arm, opened in Chennai in 2014. An additional branch office opened in Bengaluru in 2019.[6]

References[edit]

  1. ^ a b c "Annual Results 2018" (PDF). Eqiniti Group. Retrieved 17 March 2019.
  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.
  6. ^ "UK-India celebrate Tech Partnership at FutureTech Fest". gov.uk. 13 December 2018. Retrieved 16 May 2019.

External links[edit]