Jamieson, is pleased to announce its role in advising the executive management team, led by Frederik van Tuyl, CEO of Equity Trust, in relation to the €350m sale of the business by Candover to Doughty Hanson & Co.
Equity Trust is a Netherlands based specialist provider of global trust and fiduciary services with more than 40 offices throughout the world, employing over 1,200 people.
Doughty Hanson currently owns the TMF Group, a global and independent provider of accounting and corporate secretarial services. Subject to regulatory approvals, Doughty Hanson intends to merge Equity Trust with its existing portfolio business TMF Group, to create a world leader in the market of complex business administration outsourcing.
Jamieson was appointed by the management team of Equity Trust on the structuring and negotiating of their equity and incentive arrangements in relation to the secondary buy-out and the potential merger with TMF.
“We are delighted to have acted for Frederik and his team, which subject to the approval of the merger should create a market leading business offering value add business administration services. The transaction represents another significant win for our firm in establishing ourselves as a market leader in advising management teams in complex buyout structures”.
Adam Hall, Jamieson