Equiniti
 | |
Company type | Private Limited Company |
|---|---|
| FORMER lse:EQN | |
| ISIN | GB00BYWWHR75 |
| Industry | Financial services |
| Founded | 2007 |
| Headquarters | Crawley, England, UK[1] |
Key people | Dan Kramer (Chief Executive Officer) |
| Website | www |
Equiniti Group Limited provides stock transfer agent and pension administration services. The company's primary office is in West Sussex, United Kingdom.
History
[edit]The business was originally Lloyds TSB Registrars, a subsidiary of Lloyds Bank. In October 2007, Advent International, a private equity firm, acquired the business for £550 million. [2]
Equiniti India opened in Chennai in 2014. An additional office opened in Bengaluru in 2019.[3]
The company became a public company via an initial public offering in October 2015.[4][5]
In July 2017, the company acquired the share registration business of Wells Fargo.[6]
In June 2020, the company rebranded as "EQ" for marketing purposes.[7]
In December 2021, Siris Capital acquired the company for £661 million.[8][9] The company was merged with American Stock Transfer & Trust Company.[10]
In July 2025, members of the Public and Commercial Services Union, who were working for MyCSP, which administered pensions of civil servants and is owned 75% by Equiniti, began a strike action which lasted for almost five months, running until the end of the company's contract. The strike was in protest of the outsourcing of employment to Capita.[11]
In May 2026, Bullish agreed to acquire Equiniti from Siris Capital for $4.2 billion, including $1.85 billion of assumed debt and $2.35 billion in Bullish stock.[12][13]
References
[edit]- ^ "Equiniti Group Limited". Companies House.
- ^ Robinson, Gwen (8 May 2007). "Advent buys Lloyds TSB Registrars for £550m". Financial Times.
- ^ "UK-India celebrate Tech Partnership at FutureTech Fest". gov.uk. 13 December 2018.
- ^ Ratcliffe, Madeline (27 October 2015). "Equiniti prices at the bottom of IPO range and then shares fall on first day of trading. Ouch". City A.M.
- ^ Williams, Christopher (27 October 2015). "Equiniti prices shares at bottom of range for stock market debut". The Daily Telegraph.
- ^ "Equiniti buys Wells Fargo's share registration arm for $227m". Financial Times. 12 July 2017.
- ^ "Equiniti Rebrands as EQ". Finance Magnates. 22 June 2020.
- ^ "Equiniti receives sweetened £661m takeover bid from US private equity firm". City A.M. 28 April 2021.
- ^ "Equiniti exits London market following completion of takeover by Siris". Morningstar, Inc. 10 December 2021.
- ^ "Investment in Combination of Shareholder Servicers Equiniti and AST" (Press release). PR Newswire. 21 December 2021.
- ^ "MyCSP strike extended". Public and Commercial Services Union. 27 October 2025.
- ^ Huang, Vicky Ge (5 May 2026). "Crypto Exchange Bullish Strikes $4.2 Billion Deal for Transfer Agent in Tokenization Push". The Wall Street Journal.
- ^ "Crypto exchange Bullish to buy Equiniti for $4.2 billion in capital markets push". CNBC. Reuters. 5 May 2026.