 | |
| Company type | Private Limited Company |
|---|---|
| FORMER lse:EQN | |
| ISIN | GB00BYWWHR75 |
| Industry | Financial services |
| Founded | 2007 |
| Headquarters | Crawley, England, UK [1] |
Key people | Paul Lynam (Chief Executive Officer) |
| Revenue | £555.7 million (2019) [2] |
| £55.9 million (2019) [2] | |
| £32.4 million (2019) [2] | |
| Website | www |
Equiniti Group is a British-based outsourcing business focused on financial and administration services.
The business has its origins in the share registration business of Lloyds TSB which was bought out from Lloyds by Advent International, a private equity institution, in 2007. [3] The company was the subject of an initial public offering in October 2015. [4] In July 2017 it announced the acquisition of the share registration business of Wells Fargo. [5]
On 30 July 2020, the company announced its intention to rebrand as "EQ". [6] In April 2021 Siris Capital made an offer worth £661 million for the company. [7] The transaction was completed on 10 December 2021. [8]
Members of the PCS trade union, who were working for MyCSP, a wholly-owned subsidiary of Equiniti, and who administered the pensions of around 1.7 million past and present civil servants, began a strike in July 2025 which lasted for almost five months, running until the end of the company's contract. The strike followed the refusal by MyCSP/Equiniti to recognise the union, and their refusal to negotiate with PCS regarding the transfer of both the work and the staff to Capita. [9]
The company's services include share registration arrangements for listed companies, outsourcing of complaints management and administration and payment services for pension schemes. [10]
Equiniti India, Equiniti's Indian offshore arm, opened in Chennai in 2014. An additional branch office opened in Bengaluru in 2019. [11]