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CHARTER UK JOINS EQUINITI GROUP

Published by Gbaf News

Posted on September 10, 2014

3 min read
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Charter UK Acquired by Equiniti Group

Charter UK, the leading provider of enterprise complaint and feedback management, announced its acquisition by Equiniti, a specialist in technology, financial and administrative services.

Charter UK’s Solutions and Major Clients

Charter UK enables businesses to adopt a consistent and integrated approach to capturing, managing and analysing complaints and feedback for customers including Lloyds Banking Group, McDonalds, Toyota and Hertz. This is supported by FStech winning Charter Continuum™ which is used by multinational companies from industries including financial services, retail, utilities, transport and public sector.

Integration with Equiniti’s Service Portfolio

Charter UK, under the Invigia Group umbrella including Charter Systems and mycustomerfeedback.com – will strengthen the wide range of solutions that Equiniti already has to offer to help organisations deal with regulation and change.

The transaction is subject to a Scheme of Arrangement becoming effective with Invigia shareholder approval and subsequent sanction of the Court. It is expected that the scheme will be effective from 15 Oct 2014.

Invigia Group Background and Workforce

Invigia Group has been operating for over 20 years with approximately 60 members of staff based in Walton-on-Thames, Surrey.

Leadership Perspectives on the Acquisition

Guy Wakeley, Chief Executive of Equiniti, commented:

“Acquisition is an important part of Equiniti’s story. As well as enabling us to broaden our offering to our clients by bringing new capability and expertise into our business, it is also a proven driver of product development and organic growth, helping us consolidate our position as a leader in our key markets. With the support of well-known brands like Charter UK, Charter Systems and mycustomerfeedback.com, Invigia has been incredibly successful in helping businesses respond to increased regulation using smart technology – something which is at the heart of everything we do at Equiniti. It also fits with our existing resourcing and technology capabilities, allowing us to provide a robust end-to-end remediation and customer service propositions. As such, Invigia fits our criteria for acquisition perfectly – they are innovative, have a fantastic customer base aligned to our own and will take us into new market territory. We are delighted to welcome them on board.”

Paul Clark, CEO, Invigia commented:

“Invigia is a leading technology group that covers both the mid-market and enterprise sector, as well as a number of high profile organisations from the public sector. Becoming part of the Equiniti Group will bring significant support and momentum to Invigia’s growth ambitions and potential, both in terms of extending our target market penetration and in broadening and enriching our propositions. I see this is as a great development for Invigia’s customers and its dedicated staff and management teams and look forward to the journey ahead.”

Key Takeaways

  • Equiniti has agreed to acquire Invigia Limited, including Charter UK and related businesses.
  • The acquisition strengthens Equiniti’s complaint and feedback management offerings across multiple industries.
  • The transaction, subject to shareholder and court approval, is expected to complete via a Scheme of Arrangement by 15 October 2014.
  • Invigia’s team, clients, and technology will bolster Equiniti’s capabilities in regulated feedback management.

References

Frequently Asked Questions

What is being acquired by Equiniti?
Equiniti is acquiring Invigia Limited, which includes Charter UK, Charter Systems and mycustomerfeedback.com, specialists in complaints, case and feedback management services.
When will the acquisition take effect?
The acquisition is expected to become effective by 15 October 2014, subject to Invigia shareholder approval and court sanction via a Scheme of Arrangement.
How will this benefit Equiniti?
It will broaden Equiniti’s service offering with new complaint and feedback management technology and clients, supporting regulated industries and driving organic growth.
Who commented on the acquisition?
Guy Wakeley, CEO of Equiniti, and Paul Clark, CEO of Invigia, both commented, emphasizing the strategic fit and growth potential.

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