We are experts in M&A and Management Advisory across all sectors and deal sizes.
Many of our transactions involve private equity in one form or another. We advise on all aspects of PE deals and all parties, including management teams, PE investors and vendors to PE. We also work regularly with trade buyers and other sources of capital.
The trust and fund administration sector is undergoing a period of unprecedented change. Triggered by regulation and fuelled by third-party capital (principally private equity) there has been substantial consolidation in the sector over the last decade. Responding to client demands for wider geographic coverage and increased product sophistication global groups have emerged, whilst at the same time local high-quality specialists continue to thrive.
This period of change has not yet run its course. Recently we have seen more mergers between the bigger players in the sector and – intriguingly – the introduction of equity from listed capital markets into the sector.
Unrivalled expertise & understanding
At Wyvern Partners, we’ve been at the forefront of this change since 2002.
This gives us unparalleled understanding of the sector. Our lead partner in Trust & Fund Administration, Jonathan Smith, has advised on over 45 transactions, including almost all of the landmark cases.
Our clients include trust, corporate and fund administrators of all sizes – from small management-owned businesses to the largest international groups. We advise shareholders, management teams, private-equity firms and major global banking groups.
What we do:
We effect corporate sales, locate and execute acquisitions, advise management teams on MBOs and can help you raise equity capital and bank debt.
To see how our Trust & Fund Administration expertise could help you, contact Jonathan Smith.
Wyvern Advised Nedbank Private Wealth on the sale of Nedgroup Trust, its trust business in Jersey and Guernsey, to Suntera Global.
Wyvern advised Suntera Global with the identification and acquisition of NeoTrust, a Luxembourg fund and corporate services firm.
Wyvern advised the shareholders of Trust Corporation International, a leading Guernsey Private Client business, on their sale to Ocorian backed by Inflexion.
Wyvern advised Corsair Capital on debt financing to support its acquisition of ZEDRA.
Wyvern advised MML Capital Partners on their acquisition of DMS Governance, the global leader in fund governance, risk & compliance services.
Wyvern advised the shareholders of Helm Trust, a Jersey-based trust administration business, on their sale to SMP Partners.
Wyvern advised the shareholders and management of SMP Partners, an Isle of Man based trust administration business, on their management buyout backed by Palatine Private Equity.
Acquisition and MBO
Wyvern provided comprehensive advice to Corsair Capital on their acquisition of ZEDRA, a leading global provider of trust, corporate and fund services, including buyside advice, the arrangement of debt finance and advice to management on the MBO structuring of the transaction.
Wyvern advised the management of Augentius, a leading global provider of alternative-investment solutions to private-equity and real-estate funds, on the sale of the business to SGG backed by Astorg.
£23 million trade-sale
Wyvern advised the shareholders of Nerine fiduciaries, a Guernsey-based trust administration business, on their £23m trade sale to PraxisIFM.
Wyvern advised the shareholders of Capco, a Jersey-based trust-administration business, on its sale to Ocorian.
Wyvern advised the management of First Names Group, the leading independent provider of trust, fund, real estate and corporate services and present in 14 jurisdictions worldwide, on their secondary MBO from AnaCap, backed by Astorg, and combination with SGG.
Wyvern advised the shareholders of Cains Fiduciaries Limited, an Isle of Man based trust and fund administration business, on its sale to First Names.
Wyvern advised the shareholders of Virtus Trust, a Guernsey-based private-client trust business, on its sale to Equiom.
Acquisition of Jordans Group
Wyvern conducted a buyside search on behalf of Vistra identifying company-incorporations specialists Jordans as an attractive target, and subsequently advised Vistra on their successful acquisition of the business.
Wyvern initiated the deal, advised the shareholders and arranged the debt finance for the MBO of Bedell Trust, a leading Jersey-based trust and fund administration business, backed by Inflexion.
Wyvern advised the management of Orangefield on their tertiary MBO from AAC, backed by Barings PE Asia, and combination with the Vistra Group.
Wyvern advised Bridgepoint on their investment in the MBO of Appleby Fiduciary & Administration.
Sale to the OV Group
Wyvern advised the shareholders of Fiduciary Management Limited in Jersey on the sale of the business to OV Group.
Merger of IFM Trust Group (Jersey) and Praxis (Guernsey)
Wyvern advised the shareholders of IFM Trust Group on this cross-jurisdiction merger.
Acquisition of Legis Fund Services in Guernsey
Wyvern identified the target as part of a buyside search and advised Orangefield on the acquisition.
Acquisition of Janus in Singapore
Wyvern advised Hawksford, a Dunedin company, on a refinancing in support of their acquisition of Janus in Singapore.
£50m secondary MBO, backed by Silverfleet
Wyvern advised the management of Ipes on their secondary MBO from RJD, backed by Silverfleet Capital.
Acquisition of IFG’s International Division
Wyvern advised Anacap Financial Partners on their £70 million acquisition of IFG’s international division.
Acquisition of Waterlow Legal and Company Services
Wyvern advised Orangefield Group on their acquisition of the London-based company secretarial business of Waterlow from Wilmington PLC.
Sale of Isle of Man trust operation
Wyvern advised HSBC on the sale of its trust operation in the Isle of Man to IFG Group plc.
Sale of majority stake
Wyvern advised the shareholders of Vistra on the sale of a majority stake to IK Investment Partners.
MBO of the Guernsey fund-administration business
Wyvern advised management on their buy-out of the Guernsey-based fund-administration business of ipes, backed by RJD Partners.
Wyvern acted as sole financial adviser to the shareholders of Chiltern in the MBI of their Jersey and London based trust and fiduciary operations to VISTRA.
Wyvern advised management on their buy-out of Walbrook led by Hermes Private Equity, for more than £50 million.
€183m management buy-out
Wyvern initiated the transaction and advised the vendors of Equity Trust on a €183 million management buy-out led by Candover.
Experience tells us that management teams can benefit from honest and straight-talking expert advice at major milestones in corporate life. We also know that giving management confidence in the process and their future creates value for both vendors and purchasers.
At Wyvern Partners, we’ve been at the vanguard of management-advisory services for the last fifteen years, and as market leaders, we’ve advised management teams on deals from £10 million to £10 billion in all sectors across the UK and continental Europe. Our approach is tailor made for each transaction and each gets the full attention of our experienced senior team.
Be it an auction, a new owner, a new capital structure, a major divestment or an IPO, we can provide you or your management team with seasoned fully independent advice all the way to a successful conclusion.
Whether you’re a vendor or buyer, the transaction is one of the key moments in the life of any business. We know that years of work can come to fruition – or be lost – in a matter of weeks.
How you approach the market is vital. Early involvement, whether preparing a company for sale or identifying and appraising a target will get the process off to a good start.
At Wyvern Partners, our experienced advisors have been through this many times. More than just experienced negotiators, they can help you plan and anticipate – keeping process on track, anticipating and avoiding problems.
We base our fees on success and have a proven track record of delivery.