Equiniti
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.
![]() | |
Public (LSE: EQN) | |
Industry | Financial Services |
Founded | 2007 |
Headquarters | Lancing, West Sussex, UK |
Key people | Philip Yea, Chairman Guy Wakeley, (CEO) |
Revenue | £555.7 million (2019)[1] |
£55.9 million (2019)[1] | |
£32.4 million (2019)[1] | |
Website | www.equiniti.com |
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]
On 30 July 2020, the company announced its intention to rebrand as "EQ".[5]
Operations
The company's services include share registration arrangements for listed companies, outsourcing of complaints management and administration and payment services for pension schemes.[6]
Equiniti India
Equiniti India, Equiniti's Indian offshore arm, opened in Chennai in 2014. An additional branch office opened in Bengaluru in 2019.[7]
References
- "Annual Results 2019" (PDF). Eqiniti Group. Retrieved 12 March 2020.
- "Equiniti to raise £390m in flotation". Yorkshire Post. 2 October 2015. Retrieved 13 September 2017.
- "Equiniti announces IPO plans". Investors Chronicle. 8 October 2015. Retrieved 13 September 2017.
- "Equiniti buys Wells Fargo's share registration arm for $227m". FT. 12 July 2017. Retrieved 13 September 2017.
- "To represent our journey to a more purposeful organisation, Equiniti is becoming EQ". Equiniti Group. 30 July 2020. Retrieved 30 July 2020.
- "Equiniti". Hargreaves Landsdown. Retrieved 13 September 2017.
- "UK-India celebrate Tech Partnership at FutureTech Fest". gov.uk. 13 December 2018. Retrieved 16 May 2019.