Transcend Corporate, the mid-market corporate finance advisory firm, is delighted to announce the sale of Nortons to Vistra Group. Nortons is a firm of business advisers, providing outsourced accounting, audit, taxation, company secretarial, payroll, and HR services, to high growth businesses looking to expand globally.
Vistra is a global business outsourcing firm, with 2,200 employees operating in 58 location across 39 jurisdictions. The acquisition of Nortons gives Vistra a strong UK presence and builds on its global network.
The deal was led by Transcend Partner Ian Aldridge, who said “We are delighted to have been able to help Andrew Norton and Pete Doyle, the partners of Nortons, achieve their objectives in crystallising the value in their business, and in securing an exciting opportunity for their staff to expand operations in a fast growing and exciting global financial services market.”
Andrew Norton and Pete Doyle, commented “We have had a lot of interest in our business, however Transcend has proved to be an excellent adviser, assisting us in negotiating the right deal, and guiding us through a complex process to a successful completion.