Bank of Ireland has participated in the additional debt facilities raised by existing client Equiniti to support its acquisition and carve-out of the Wells Fargo Share Registration and Services business (WFSS).
Equiniti is a leading UK specialist technology outsourcer providing corporate administration and payment services for blue chip enterprises and public sector organisations. WFSS is a leading US provider of share registration, corporate actions and investment plan services to public and private companies.
Commenting on the transaction, Adam Ball, Associate Director, Bank of Ireland said, “we are delighted to continue our support of Equiniti. The WFSS acquisition will transform the business into a multinational financial services and technology business in the world’s largest share registration market”.
Daniel Jefferies, Group Treasurer at Equiniti, said, “the WFSS acquisition is a unique opportunity to create a multinational share registration capability powered by Equiniti’s proprietary Sirius platform. We are pleased Bank of Ireland has continued to support us with our strategic growth ambitions.”
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