LDC backed Sheila Dean in the management buyout of Equiom

CASE STUDY & PORTFOLIO

Equiom: International buy and build partnership

Long term partnership and follow on funding supports 20 acquisitions and internationalisation of professional services company.

Sector
  • Financial services

Equiom is a global professional services provider, offering end-to-end wealth protection and support services to private clients, corporate clients and funds.

Deal type
  • Secondary buyout
Exit type
  • Private equity sale
Exit date

May 2019

Re-investment date

May 2019

Established more than 40 years ago, Equiom offers end-to-end wealth protection and support services to private clients, corporate clients and funds across the world. The company employs more than 600 people across 16 service lines and jurisdictions.

Wealth of knowledge

In September 2013, Equiom partnered with LDC in a secondary buyout, with LDC backing the management team with the capital it needed to support its continued growth and acquisition plan.

The management team chose to work with LDC due to the team’s reliable support and experience in the financial services sector.

Our relationship with LDC has strengthened in conjunction with the international expansion of Equiom Group. The team at LDC has been incredibly supportive throughout and they have delivered on everything they promised and more.”
Sheila Dean, Executive Chair
Equiom

Sheila Dean discusses how LDC has supported Equiom’s international buy and build growth strategy

play

A score of acquisitions

Since our original investment, Equiom pursued an ambitious buy and build growth strategy. Backed by more than £22m of follow-on funding from LDC, the management team acquired more than 20 companies, significantly increasing its international footprint.

The partnership between LDC and Equiom led to a 500 per cent increase in revenues since LDC’s original investment in 2013.

Continuing growth

In May 2019, Värde Partners invested in Equiom as a long-term equity partner, to help fund future expansion in line with the company’s growth strategy, with LDC retaining a minority shareholding.

In July 2020 Equiom acquired Borean Corporate & Financial Services BV, a trust and corporate services provider based in the Netherlands. The move marks the first step in a broader strategy for Equiom to increase its provision of services for asset managers in Tier 1 jurisdictions.

Awards

Independent Trust Company or Fiduciary (Southeast Asia)

WealthBriefingAsia Awards 2018