London, United Kingdom – Marks Baughan & Co. today announced its role as exclusive financial advisor to Pancredit Systems Limited on its sale to Equiniti Holdings Limited.
Pancredit is an innovative and fast-growing lending solutions business, which supports banks, intermediaries and price comparison sites with intelligent loan origination and administration software and services.
The acquisition will strengthen the range of services offered by Equiniti to the UK’s leading financial services and public sector organisations, capitalising on market opportunities. Pancredit will gain the scale, support and stability of becoming an Equiniti Group company and will retain its unique identity.
Graham Donald, Pancredit’s Managing Director, stated, “John Jacobs and his team at Marks Baughan were a tremendous support to me and my team during the sale of our business. John’s personal knowledge of the sale process, combined with a rigorous and diligent approach really made a great difference to the pace at which the deal progressed. Throughout our dealings the team provided us with excellent administrative support and coupled with a keen sense of humour, John was able to see the deal smoothly through to completion.”
Deborah Hudson, Pancredit’s Chairman added, “We selected Marks Baughan to advise on the sale of Pancredit because we felt they would be the most knowledgeable, committed and effective team. John and his team have far exceeded our expectations, with excellent, reliable and pragmatic support at every stage of a complex process.”
For more information on this transaction, please contact:
John W. Jacobs
Partner
+44 207.927.7464
jjacobs@marbau.com
William J. Takeuchi
Director
610.616.3296
wtakeuchi@marbau.com
About Pancredit Systems Limited
Pancredit was founded in 1988 to develop market-leading applications for the finance industry. Pancredit’s comprehensive suite of software products provides all the tools that lenders and their intermediaries need to stay at the forefront of the market. The Company employs highly experienced staff most of whom have extensive knowledge of both the finance industry and the technologies required to deliver effective, modern software solutions.
For additional information please visit www.pancredit.co.uk
About Marks Baughan & Co.
Marks Baughan & Co. provides investment banking services to growth companies in the Financial Technology and Compliance & Legal Solutions sectors. Our focus and deep expertise and relationships in these two verticals provide our clients with top-quality results driven by an efficient process. Started in 2004 by former senior members of the Credit Suisse First Boston Technology Group, Marks Baughan & Co. has established itself as leading boutique investment bank by combining bulge-bracket expertise with boutique service. We deliver results for clients advising on sales of entire companies and divisions, acquisitions and private placements of equity and debt securities.
For additional information please visit www.marbau.com
About Equiniti
Equiniti Group is a leading provider of complex administration and payments solutions. We enable our clients to improve the effectiveness and performance of their businesses through the critical thinking, expertise, technology, complex administration and payment services we provide.
For additional information please visit www.equiniti.com