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Eversheds Sutherland (International) advises shareholders of The Nostrum Group Ltd on the disposal of its entire issued share capital

  • Global

    06-07-2017

    Eversheds Sutherland (International) has advised the shareholders of The Nostrum Group Limited (Nostrum) on the disposal of its entire issued share capital to Equiniti Holdings Limited, a subsidiary of Equiniti Group plc.

    Nostrum is a fast growing, award-winning provider of end-to-end loan management technology and fully managed loan services that helps banks, finance companies and retail brands optimise their operations.

    The Eversheds Sutherland team was led by corporate Partner, Amanda Partland and comprised: Legal Director Louise Lightfoot (employment), Principal Associate David Smith (tax), and Associates Russell Naglis (corporate), Charlotte Nasey (employment), and Sarah Illidge (tax).

    Amanda Partland, Eversheds Sutherland, commented:

    “We have enjoyed working with the Nostrum team on this transaction. Eversheds Sutherland has a strong track record of completing deals in the financial services sector, and we are delighted to have been able to draw on this experience to help drive and deliver this transaction for the Nostrum team.”

    Richard Carter, CEO, Nostrum Group Ltd, commented:

    “We are delighted with the support provided to us by Eversheds Sutherland on this transaction. They provided pragmatic, commercial advice and project managed the deal well to ensure the deal was delivered in a timely manner.”

    The Eversheds Sutherland corporate team advises a number of significant clients within the financial services sector. The team recently advised the British Business Bank on the structuring and launch of the £400m Northern Powerhouse Investment Fund (NPIF).

     

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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