LDC invests in Equiom

The fresh capital will be used to continue Isis's acquisitive growth strategy.

Isis backed the business in 2006, investing £13m in the company in return for a minority stake as part of a £33m transaction. The management buyout was led by Equiom's group managing director Sheila Dean, who has also led the buyout with LDC. Isis invested in the business via its Isis III fund, according to unquote" data.

Under Isis's ownership, Equiom made a number of bolt-ons including the Isle of Man Yachting and Aviation business of Intertrust in January 2011; Jersey-based Andium Trust in October 2012; and Isle of Man-based City Trust in April this year.

Company
Founded in 1978, Equiom is headquartered on the Isle of Man with additional offices in Jersey and Malta. The company employs 100 staff.

Equiom provides fiduciary, administrative services that include trust establishment and company formation, as well as catering to niche markets including yachting, e-gaming and aviation. Its customer base comprises large corporations, family offices and high-net-worth individuals.

People
Sheila Dean is the managing director of Equiom, while Larry Kearns is the chairman. LDC managing director Yann Souillard, investment director Jonathan Caswell and investment manager Matthew Kenny represented the GP in the deal.

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• Topics
• UK / Ireland
• Buyouts
• Support services
• United Kingdom
• LDC
• ISIS Equity Partners
• Secondary buyout