Corbett Keeling Ltd and its partner firm Equiteq LLP are pleased to announce that their client HedgeStart Partners LLP has been acquired by Cordium, a business in which Buy & Build specialist Sovereign Capital is an investor. The deal was completed on 31 January 2014.
Corbett Keeling is a leading UK Corporate Finance boutique with 20 years transaction experience and a member of the world-wide network of M&A advisors, Globalscope. Equiteq is a consulting sector merger and acquisition specialist, providing both growth advisory and M&A transaction services to the global consulting industry.
HedgeStart was founded in 2000 to offer a range of start-up and on-going outsourced services predominantly to alternative investment businesses. Services include: Corporate Tax; Private Client Tax; FCA Regulatory Compliance; Accountancy & Payroll; and Strategic Consulting. The firm has grown continually for the last thirteen years and operates out of a single office in London with a headcount of 36 people.
Neil Cox, Director at Sovereign, commented about the transaction:
“There is continuing strong customer demand for outsourced independent compliance consultancy as a result of increasing financial regulation and investor governance transparency requirements. This acquisition further enhances Cordium’s position as a high-quality global provider of regulatory compliance consulting and software services to regulated financial services companies.”
For more information and media enquiries, contact
Jim Keeling of Corbett Keeling on +44 (0)20 7626 6266 or Tony Rice of Equiteq on +44 (0)20 3651 0600 or firstname.lastname@example.org, or visit www.equiteq.com/report to download the Global Consulting M&A Report.