Equiniti Group was acquired by Siris Capital in 2015. The acquisition marked a significant milestone for the company.
Siris Capital, a private equity firm, took control of Equiniti Group, providing the necessary funding to drive growth and expansion.
History of Equiniti
Equiniti has its roots in the share registration business of Lloyds TSB, which was bought out by Advent International in 2007.
The company's history is marked by significant milestones, including its initial public offering in October 2015.
In July 2017, Equiniti announced the acquisition of the share registration business of Wells Fargo.
This acquisition expanded Equiniti's services and capabilities, allowing it to reach a wider customer base.
On 30 July 2020, the company announced its intention to rebrand as "EQ", a move that reflected its evolving identity and goals.
In April 2021, Siris Capital made an offer worth £661 million for the company, which was completed on 10 December 2021.
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Equiniti News
Equiniti has undergone a significant acquisition and combination with AST, facilitated by Siris Capital Group. This move is expected to create a leading international provider of mission-critical shareholder and other complex regulatory technology.
Siris brings strong financial resources and extensive strategic and operational expertise in financial technology to the combined entity.
The acquisition was announced in London, UK, and New York, US.
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Siris Capital Group Acquisition Complete
Siris Capital Group has completed the acquisition and combination of Equiniti and AST, bringing strong financial resources and extensive strategic and operational expertise in financial technology to the combined company.
The combination is expected to create a leading international provider of mission-critical shareholder and other complex regulatory technology, with a global presence.
Siris Capital Group's financial resources will support the growth and development of the combined company, enabling it to expand its services and reach new markets.
The acquisition is a significant milestone for Equiniti and AST, and will provide them with the necessary resources to drive innovation and improve their services.
The combined company will have a strong foundation for growth and success, with a talented team and a solid platform for expansion.
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Dimensional Fund Advisors Ltd. : Form 8.3
Dimensional Fund Advisors Ltd. : Form 8.3 was released on April 20, 2021, at 11:02.
Dimensional Fund Advisors Ltd. is the full name of the discloser.
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The discloser has an interest in Equiniti Group PLC's ordinary shares, which represent 1% or more of the company's securities.
Dimensional Fund Advisors Ltd. is required to disclose their dealings with Equiniti Group PLC under Rule 8.3 of the Takeover Code.
The discloser's dealings with Equiniti Group PLC are subject to the Takeover Code's rules and regulations.
Dimensional Fund Advisors Ltd.'s disclosure was made to comply with the Takeover Code's public disclosure requirements.
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Frequently Asked Questions
Can I sell my shares through Equiniti?
Yes, you can sell your shares through Equiniti, and you also have the option to use any UK stockbroker if you prefer.
Is Equiniti owned by Wells Fargo?
No, Equiniti Trust Company (EQ) is no longer owned by Wells Fargo Bank, N.A., having transitioned to Equiniti Group plc. Our ownership change does not affect the high level of service you can expect from us.
Is computershare the same as Equiniti?
No, Computershare and Equiniti are two separate registrars, with Computershare replacing Equiniti on September 28th, 2009. For more information on Computershare, including its investor services and share management website, visit our website.
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