Jordans restructures and relocates following acquisition by Vistra

1st November 2017

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

The Jordans Group brings together a unique team of lawyers, accountants, trust managers, data specialists and company formation agents. It works for most of the UK’s leading law firms and accountancy practices, and has an enviable client base of small, medium and large business (including listed companies) in all sectors.

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 3500 professionals in 74 locations across 44 jurisdictions. Jordans’ 130 staff have moved into 15,000 sq ft of newly refurbished space at 10, Templeback, Bristol, which will allow for considerable expansion in the years ahead. Jordans has also 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,” says 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 offer to clients an integrated, seamless one.”

Moving close to the City’s Temple Meads station was also a conscious decision by the company to be in a strategic location for its UK client base.
Adds Debbie Farman, who heads up the company’s law firm, “The benefits go two way. 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 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. Says Jason Burgoyne: “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.”

Concludes Debbie Farman: “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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