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DWF advises Equiniti on sale of HR business

09 December 2020
DWF has advised international technology-led services and payments specialist, Equiniti Group plc, on the sale of HR and payroll business, HR Solutions, to Civica, for £13.2m. 

HR Solutions provides payroll solutions across a range of markets, including the NHS where it is one of three leading payroll providers. Until its sale, HR Solutions was part of EQ's Paymaster division. 

Frank Shephard, partner and national head of corporate at DWF, advised Equiniti on the sale alongside associate, Francesca Kinsella and solicitor, Laurie Clay.

Frank Shephard said: "We are pleased to advise our long-standing client Equiniti Group plc on the strategic sale of HR Solutions to Civica. This deal will enable Equiniti to focus on its core businesses and reduce leverage."

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