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New Deal


Announced

interactive investor to acquire Equiniti Financial Services from Equiniti for £48.5m.

Financials

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Transaction Value£48m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.4x
EV/EBITDA14.7x
Share Price Premium-
One Off Charge-

Tags

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Private

Diversified Financials

Friendly

Majority

Single Bidder

United Kingdom

Domestic

financial services

Acquisition

Pending

Synopsis

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interactive investor, one of the UK's largest direct-to-consumer share trading platforms, agreed to acquire Equiniti Financial Services, the direct-to-consumer customer business of Equiniti, for £48.5m. "I am delighted to announce the acquisition of EQ's retail investment business and look forward to welcoming EQi customers to the ii platform, where we hope they will benefit from our no-nonsense fixed fee pricing, commitment to service and continuously developing technology and content," Richard Wilson, interactive investor CEO.

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