31 January 2014

We are pleased to announce the sale of our client Hedgestart Partners to Cordium

Posted by Clive Percival

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 tony.rice@equiteq.com, or visit www.equiteq.com/report to download the Global Consulting M&A Report.

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