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Equals Group is an LSE AIM Listed fintech business founded in 2005 and listed in 2014 that develops and sells scalable payment platforms to enable organisations and individuals to move and easily manage their money flows through its payment and card products. Its core brands are: Equals Money – an international, domestic and card payment platform delivering corporate payments solutions from FX to expense management.

Alakazam Holdings (Bidco) is a newly formed private limited company formed for the purposes of the acquisition by a consortium made up of JC Flowers Funds, TowerBrook Funds, and Railsr Shareholders.

On 11 December 2024, the boards of Equals and Bidco announced that they had reached agreement on the terms of a recommended all cash acquisition of the entire issued and to be issued ordinary share capital of Equals.

Publication of the Scheme Document

The Perivan shareholder communications team was delighted to work with Ashurst  who acted as legal adviser to Equals Group on the scheme and associated ancillary documents, which were successfully published and posted to qualifying shareholders on 17 December 2024.

For more information, click here.

Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.