Thursday, 26 October, 2017

“An Exciting Platform for Growth” as Jordans Restructures and Relocates Following Acquisition by Vistra

Jordans, one of the UK’s leading specialist legal and business services providers, has moved to prestigious new offices following its acquisition by global corporate services provider Vistra, to create what it describes as “an exciting platform for growth”.

Vistra, which acquired Jordans at the end of 2016, is one of the world's top four corporate service providers of international incorporations, trust, fiduciary and fund administration services. It employs more than 3,500 professionals in 74 locations across 44 jurisdictions.

Jordans brings together a unique team of lawyers, accountants, trust managers, data specialists and company formation agents. Working for most of the UK’s leading law firms and accountancy practices, Jordans is renowned as the leading UK company formation services provider with an enviable client base of small, medium and large business (including listed companies) in all sectors.

All 130 staff from Jordans have vacated their St Thomas Street offices and moved into 15,000 sq.ft of newly refurbished space at 10, Templeback, Bristol. The move will allow for considerable expansion in the years ahead. Jordans has also adopted the Vistra symbol in their logo, paving the way in creating one united brand.

Jordans has amalgamated several of their service units to form ‘centres of excellence’ in order to take advantage of emerging market opportunities. They now have three divisions – Business Information, Corporate Law and Corporate Services – and each of these will be managed within the UK, collaborating closely with Vistra’s executive management team.

“We’ve been working on a new structure that will allow us to maximise the opportunities that being part of a global operation allows,” said Jason Burgoyne, Managing Director of Jordans Corporate Services. “The acquisition, and now the restructuring and the office move, have given us an exciting platform for growth.

“Critically, our new offices will allow us all to work on one floor – encouraging greater collaboration, enabling cross selling of services and making our total business offering to clients an integrated, seamless one.”

Moving close to Temple Meads was also a conscious decision by the company to be in a strategic location for its UK client base. 

Debbie Farman, who heads up the company’s law firm, added “The benefits go two ways; Vistra saw a great opportunity to have a UK presence for their international clients, while Jordans’ UK clients can draw upon the global scale of Vistra’s services. Another attraction for Vistra is that Jordans is the only corporate service provider with its own regulated law firm, Jordans Corporate Law.

“We can now provide clients with everything they need from under one roof - from UK and international company formations, business information and company secretarial support through to wider, highly technical corporate governance and compliance for boards and committees, director services, accounting, tax, legal and business support solutions.”

Jason Burgoyne continued “Our clients should see little outward change. To retain the strong brand we have developed over 150 years we will now be known as ‘Jordans: a Vistra company’ prior to a full rebrand in the future, with Jordans Corporate Law retaining its name in full for the near future.” 

“We also have a reputation as a business that fosters talent, and that reflects Vistra’s corporate ethic too, making employee engagement paramount. The two organisations make a great cultural fit.”

Martin Crawford, CEO of Vistra, added “Since the acquisition of Jordans we have seen our brand advance as a true global leader in international incorporations. This combined with our wide range of service offerings and initiatives has created many opportunities for both existing and potential new clients. Our teams both in the UK and across our global offices are excited to have Jordans under the Vistra umbrella and we look forward to continuing the integration of the two brands and their expertise.” 

Debbie Farman concluded “While we can call on the support from the Vistra team around the world when we need it, their message is to keep on doing what we’ve been doing – and expanding our client base. Vistra are learning from us, just as much as we can learn from them. Certainly all our clients have been enormously positive about the additional global strength and depth this provides to their businesses as well as ours.”

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