Bringing you live news and features since 2006 

ARC Group completes MBO

RELATED TOPICS​

ARC has completed a restructuring plan that results in parent company ARC Group being majority owned by employees, with the largest ordinary shareholder being an employee benefit trust.

Arthur Labatt, the Canadian businessman who invested in ARC in 2014, remains a minority ordinary shareholder providing welcome continuity.
 
Graham Harrison, ARC Group MD, says: “It is a fantastic result to be able to reorganise ARC to achieve broad equity ownership by senior management. The involvement of Arthur Labatt a few years ago has allowed ARC to expand its operations internationally and to invest in ongoing software development. His support has allowed us to establish a firm foundation for future expansion.”
 
Labatt adds: “During my period of involvement I became convinced that ARC’s businesses and its standards of service to its clients would be considerably enhanced if there were substantial employee ownership. With a solid financial base and sustainable revenue growth across multiple jurisdictions, the time is now right for the broad enfranchisement of senior management to provide stability and security for both ARC employees and ARC clients.
 
“ARC believes that independent thinking follows directly from independent ownership. And independent thinking underpins ARC’s culture of driving innovation to power insight for the benefit of their clients. This capital restructuring ensures that ARC can attract and retain the best investment talent and continue to provide its clients with innovative investment insight over the long term.”

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by