Browne Jacobson’s London corporate team has advised AIM-quoted FinTech payments specialist, Equals Group on four strategic transactions since the start of 2023:
- the acquisition (subject to conditions) of Oonex SA, a payment institution based in Belgium licensed and regulated by the National Bank of Belgium, which was founded in 2012;
- the acquisition (subject to conditions) of Hamer and Hamer Ltd, a foreign exchange business which partners with specialist FinTech providers;
- the disposal of the group’s cash currency business; and
- the acquisition of Roqqet Ltd, further supporting Equals’ growth ambitions.
The acquisitions of global payments services provider, Oonex and foreign exchange company, Hamer & Hamer will enable the Equals Group to offer its multi-currency accounts products and services to a broader client base across Europe as well as broaden its capabilities in cross border payments.
The Equals Group, which was founded in 2007 and is headquartered in London is a B2B and B2C payments specialist that develops and sells scalable payment platforms for businesses wanting to move and easily manage their money flows through its payment and card products. It operates across six brands including Equals Money and CardOneMoney and works with a diverse customer portfolio which comprises Hollywood studios, innovative SMEs, large corporates, financial institutions, high net worth individuals and international holidaymakers. Equals Group plc’s shares are admitted on the AIM market, which is operated by the London Stock Exchange plc.
Browne Jacobson’s London-based Murdoch Currie, led on the transactions, alongside senior associate, Harry Pearson and associates, Shania Sood and Kim Pons.
Murdoch Currie said: “We are very pleased to have successfully delivered on these transactions for our client the Equals Group and to support them in their business goals to become a leading B2B platform for worldwide money transactions. We are proud to have worked with Ian and the team again and look forward to watching them seek to grow their profile and client base across Europe.”
Browne Jacobson’s national corporate finance practice is ranked by Experian as one of the country’s leading corporate finance teams. It operates from our offices in Birmingham, London, Manchester, and Nottingham and is made up of over 50 expert corporate, private equity, venture capital (VC) and banking & finance lawyers delivering multi-layered transactions across a diverse range of sectors. The team works collaboratively with a diverse and longstanding portfolio of domestic and international clients including fast growing start-ups, FTSE 100 companies, private equity investors and the UKs leading banking institutions.
Related expertise
You may be interested in...
In Person Event
'Autonomous vehicles: what the future holds' event
Press Release
Browne Jacobson named ‘Law Firm of the Year’ as it picks up a record four awards at East Midlands Dealmakers
Press Release
Browne Jacobson advise Cubo on investment to support expansion
Press Release
Browne Jacobson advise on Blazehill Capital’s second £250m facility which will support the UK business market
Press Release
Browne Jacobson advises privacy-first ad tech company Covatic on Series A investment led by Manchester based Praetura Ventures
Press Release
Browne Jacobson announces completion of employee acquisition of Two Twenty
Press Release
Browne Jacobson advise on merger of leading UK frozen food wholesalers Hopwells and Windsor Foodservice
Press Release
Browne Jacobson’s North-West banking specialists advise ThinCats on £10m facility to arcade bar operator NQ64
Press Release
Corporate dealmakers advise Sodexo Live! on its move to 100% stake in global sports, travel and hospitality provider STH
Press Release
Corporate dealmakers advise Apiary Capital on its on tenth investment into ‘Outstanding’ professional education provider
Press Release
Browne Jacobson act on the sale of UK’s largest tech enabled confectionery distributor and wholesaler IBG
Press Release
Browne Jacobson launches specialist Ascensus programme for in house lawyers and business leaders
Press Release
Browne Jacobson’s Manchester dealmakers advise on sale of asbestos risk management consultancy to AIM listed business
On-Demand
Ascensus – the programme for in-house lawyers and business leaders’ launch event
Press Release
Browne Jacobson advise on strategic sale of cybersecurity firm Nowcomm
Article
Interest from Asia boosts investor confidence in UK commercial real estate
Opinion
Confirmation of Acas early conciliation in the context of multiple claim forms
Opinion
The UK market offers the best value for commercial real estate
Press Release
Browne Jacobson advises on four transactions for AIM-quoted FinTech business Equals Group plc
Press Release
Browne Jacobson advise Leicestershire based tech compliance specialists Obsequio Group on two key investment deals for build and buy strategy
On-Demand
NSIA: the thorn in the side of M&A?
Press Release
Browne Jacobson’s Manchester dealmakers advise Spatial Global on its acquisition of Heathrow based freight specialist Hollyport Logistics
Press Release
Browne Jacobson dealmakers advise B Corp certified Edit Agency on its investment into data insight agency Wood for Trees
Press Release
Browne Jacobson advise on disposal of Sella Controls to HIMA Group
Press Release
Browne Jacobson’s dealmakers advise leading door hardware supplier and manufacturer UAP on its acquisition of Maher London
Press Release
Browne Jacobson dealmakers announce completion of over 130 deals worth billions in value in 2022 and eye up healthy pipeline for 2023
Legal Update
Banking Transaction Updates - January 2023
Press Release
Browne Jacobson advises Superscript on £45m Series B funding round to transform its SME insurtech offering
Legal Update
MEES: Are you ready for April 2023?
With only a few months left until the next phase of changes in the application of the Minimum Energy Efficiency Standards (MEES), it is important for both landlords and tenants of commercial property in England and Wales to review their property portfolios.Press Release
Manchester dealmakers advise Maven Capital Partners on £1m investment in fintech disruptor Nivo Solutions
On-Demand
Automotive webinar - Grant Funding and Collaboration Agreements
In this session, we examined the legal framework around grant funded collaborations and discussed the key risks to be aware of, including IP ownership and compliance with grant terms.
Press Release
Browne Jacobson advises LDC on investment in water and environmental sustainability specialist Stonbury
Press Release - #BeingBrowneJacobson
From associate to partner in an investment lifecycle - Ryan's story
Press Release
Bishopsgate and Browne Jacobson advise on US firm’s acquisition of Notts based tech services business Custard
Bishopsgate Corporate Finance and law firm Browne Jacobson have jointly advised on the acquisition of award-winning tech solutions business, Custard Technical Services by US managers services and cyber security provider, Thrive.
Legal Update
Floating offshore wind pipeline potential
Legal Update
ESG in deals and investments
Press Release
Browne Jacobson corporate tech lawyers advise Agilico on significant acquisition of managed print services specialist
Browne Jacobson’s corporate technology dealmakers have advised Agilico, a workplace technology business, on its acquisition of Capital Document Solutions Limited for an undisclosed amount.
Press Release
Browne Jacobson advise environmental giant Suez on its £2bn international acquisition of former waste management business
Browne Jacobson’s lawyers have advised Suez SA and its shareholders on its acquisition of its former UK waste management business – Suez R&R UK - from French headquartered business Veolia for an enterprise value of £2 billion.
Press Release
Browne Jacobson’s Private Equity specialists advise Palatine on key CTS exit
Browne Jacobson’s national private equity (PE) lawyers have advised leading mid-market PE investment firm, Palatine Private Equity (Palatine) on its exit from CTS Group, the fast-growing specialist in testing, inspection and geoengineering consulting services to the construction and infrastructure sectors.
Press Release
Browne Jacobson’s specialist corporate finance lawyers advise LDC on sale of global IT services provider
Browne Jacobson’s corporate finance lawyers have advised leading mid-market private equity firm, LDC and management on the sale of specialist managed IT services provider, Littlefish to Bowmark Capital.