Leading Black Country law firm George Green LLP has recently
advised Equiniti Group on their acquisition of the corporate and
employee services (CES) division of NatWest Stockbrokers Limited
for an undisclosed sum. The CES division provides share dealing
services to share plan participants of listed companies, including
many FTSE 100 companies.
Equiniti Group is the largest provider of shareholder services
to FTSE100 companies in the UK. The addition of the CES business to
the Equiniti group will complement Equiniti's existing investment
services offering. All employees of the CES division are moving to
the Equiniti group.
Wayne Story, CEO of the Equiniti Group commented "The
acquisition of NatWest Stockbrokers' Corporate and Employee
Services dealing division is an important element of the Equiniti
Group's continuing programme of selective investment in the
financial services area. The addition of Corporate and Employee
Services will build upon our existing service offering and the new
team will bring a wealth of experience that will complement
Equiniti's existing operations, further enabling us to provide our
clients with an extensive range of brokerage and investment
services."
The George Green advisory team was led by Philip Round, an
associate in the firm's corporate and commercial team, and by Guy
Green, the client partner and Head of Corporate at George Green.
Philip Round commented; "I enjoyed working closely with the
Equiniti transaction team to agree a deal structure and
transitional arrangements which will ensure that the high standards
of service to clients of the CES business will be maintained and
indeed enhanced under Equiniti ownership." Guy Green added: "This
is a key acquisition for one of the most prestigious providers of
shareholder services in the UK. It was a pleasure to work with
Equiniti to deliver the latest stage in its development
strategy."