CSC, a provider of business, legal, tax and digital brand services, has reached a conditional agreement on a public offer to acquired all issued and outstanding ordinary shares of Intertrust.
CSC employs 3000 people in 13 countries and is a trusted partner for over 180,000 corporate clients. The firm provides its clients with services to efficiently manage and enable key business processes.
The combination of the two firms will create a differentiated and internationally scaled service provider built on each firm’s strengths and complementary service offerings. CSC intends to become the preferred partner to help companies manage their needs with a full suite of specialized services through a single-source technology platform.
“We have been following Intertrust’s growth and transformation for many years, while at the same time building and growing our trust and corporate services offering in the United States, scaling our fund administration and international expansion solutions globally, and providing a service model to our clients to enable them to navigate an increasingly complex international regulatory environment,” says CSC CEO and president Rod Ward. “We feel we present a unique opportunity unmatched in the market due to our business model, our people, our industry-leading and award-winning customer service, stability, continuity, and our passion for the complex.”
On behalf of CSC, Jefferies is acting as lead mergers and acquisitions financial advisor, Wells Fargo N.A. as assisting financial advisor, and Skadden, Arps, Slate, Meagher & Flom LLP and Houthoff Coöperatief U.A. as legal advisors.