Wilmington, Del., United States:
CSC introduced as we speak that it’ll full the acquisition of Intertrust Group, as set out in additional element within the joint press launch issued by CSC and Intertrust Group. The acquisition marks an vital milestone for CSC, which now will do business with greater than 90% of the Fortune 500®, greater than 90% of the 100 Best Global Brands®, and greater than 70% of the PEI 300. Rod Ward III, who’s a direct descendant of one of the corporate’s two founders and has served as president and CEO of CSC for nearly 13 years, will lead the mixed group. A extremely skilled Enterprise Leadership Team, together with Intertrust Group CEO Shankar Iyer, will help Ward.
This press launch options multimedia. View the complete launch right here: https://www.businesswire.com/news/home/20221107005033/en/
(Graphic: Business Wire)
Founded in 1899 and primarily based in Wilmington, Delaware, CSC is one of the nation’s “Top Workplaces” and prides itself on being privately held and professionally managed for greater than 120 years. “This acquisition is about bringing together the complementary expertise, capabilities, and geographic scope of CSC and Intertrust Group to allow us to better serve our clients’ global business administration and compliance needs,” says Ward. “We’re creating a combined organization that will enable us to provide the industry-leading service our clients expect, as evidenced by our Net Promoter Scores.”
“Our acquisition of Intertrust Group will allow us to navigate the ever-changing compliance and regulatory environment that our clients face, thanks to a world-class combination of people, processes, and technology solutions,” provides Ward. “Our clients will also benefit from being served by a stable strategic partner that has been in business under common ownership for more than a century.”
“We have a long history of success in acquiring and integrating companies in a manner that benefits both our clients and our employees. Our employees appreciate not only our stability, which comes from CSC being a private company with a strong financial foundation and long-term perspective, but also our passion for working with each other to best serve our clients,” says Ward. “Today, we’re pleased to welcome the talented workforce of Intertrust Group into the CSC family, and we’re excited to embark on this next chapter together.”
“We have always been impressed with CSC’s strong client-first reputation,” says Iyer. “We believe the market will benefit greatly from the combination of two of the leading providers of corporate, fund, and compliance solutions.”
“Through this combination,” provides Iyer, “we have realized an outcome that is a true win for every stakeholder and, most importantly, the best outcome for our colleagues at Intertrust.”
As one firm, CSC and Intertrust Group can have the mixed experience of greater than 7,500 devoted staff with capabilities throughout greater than 140 jurisdictions. “This means we can provide a “follow the sun” service, serving to our shoppers wherever they want us to be,” says Ward.
About CSC
CSC is the trusted accomplice of alternative for greater than 90% of the Fortune 500®, greater than 90% of the 100 Best Global Brands®, and greater than 70% of the PEI 300. We are the world’s main supplier of world business administration and compliance options, specialised administration providers to different asset managers throughout a spread of fund methods, transactions involving capital markets members in each private and non-private markets, area identify system administration and digital model and fraud safety, and company tax software program options. Founded in 1899 and headquartered in Wilmington, Delaware, USA, CSC prides itself on being privately held and professionally managed for greater than 120 years. CSC has workplace areas and capabilities in additional than 140 jurisdictions throughout Europe, the Americas, Asia Pacific, and the Middle East. We are a worldwide firm succesful of doing business wherever our shoppers are—and we accomplish that by using consultants in each business we serve. We are the business behind business®. Learn extra at cscglobal.com.
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