Duff & Phelps completed the acquisition of Lucid Companies.

Duff & Phelps, a global advisor company, completed the acquisition of Lucid Issuer Services, Lucid Agency and Trustee Services and Fluyd, Europe’s providers of securities solicitation and loan and bond services solutions. Financial terms were not disclosed. “This transaction further expands Prime Clerk’s securities solicitation global presence, with the addition of Lucid Issuer Services, Europe’s leading restructuring and liability management agency platform. It also enhances our service offerings with Lucid Agency and Trustee Services, Europe’s best in class loan and bond trust and agency solutions for private debt, capital markets, infrastructure finance and restructuring transactions. With Fluyd, we now have a proprietary technology platform for unlisted assets and credit products that is poised to innovate the market with unprecedented access and transparency," Shai Y. Waisman, Duff & Phelps Head of Business Services.