Equiom, an Isle of Man-based provider of fiduciary and administration services, received an investment of undisclosed amount from LDC.
LDC supported the management buyout of Equiom’s existing management team, led by Group Managing Director Sheila Dean. The transaction will provide the capital to support the company’s growth and facilitate the potential acquisition of complementary businesses.
Originally incorporated over 30 years, Equiom is a global trust and corporate service specialist. The business provides a range of fiduciary, administration and management services across a variety of asset classes to a diverse customer base that incorporates large corporates as well as high net worth individuals. In addition to its core trustee and company services, which account for 70% of its business, Equiom operates niche business lines including Yachting, Aviation & e-Gaming.
In 2006, the company was subject to a management buy-out, led by existing by Dean, in a transaction backed by Isis Equity Partners.
It currently employs over 100 people across three offices in the Isle of Man, Jersey and Malta.
FinSMEs
16/09/2013