Skip to content

Boodle Hatfield advise HedgeStart on sale to Cordium

Law firm Boodle Hatfield has advised specialist UK tax, accounting and regulatory compliance consultancy HedgeStart on its sale to Cordium for an undisclosed sum. 

Founded in 2000, HedgeStart offers a range of start-up and ongoing outsourced services - including corporate and private client tax, FCA regulatory compliance, accountancy and payroll and strategic consulting - to alternative investment businesses.  The firm employs 36 people.

Headquartered in London, Cordium is a leading global provider of regulatory compliance consulting and software services and related accounting and tax offerings to the asset management and securities industry.  It has offices in London, New York, Boston, San Francisco and Hong Kong and employs more than 170 people who support more than 1,500 investment businesses.

The sale completed on 31 January and will see HedgeStart's regulatory compliance consultants join Cordium's UK compliance consulting team under the direction of Cordium Director Philip Naughton.  Its accounting and tax teams will merge with Cordium's regulatory accounting division, led by HedgeStart Partner Rob Edwards.

The Boodle Hatfield team was led by Partner and head of Corporate Nigel Stone, with support from Corporate solicitor Lucy Myerson and employment advice from Darryl Evans. 

Nigel said: "We have acted for HedgeStart for quite some time.  We are delighted to have been able to see the firm grow and establish itself as a market leader and to be a part of its sale."

Matthew Wilson HedgeStart's Managing Partner and Founder said: "We are proud of HedgeStart's reputation in the market and the high level of client service we have consistently delivered in our 13 plus years.  Our clients will now benefit from Cordium's increased size, global reach and considerable international regulatory expertise."

Michel van Leeuwen, group CEO of Cordium, said: "Over the past years, firms have been subjected to an avalanche of regulatory and fiscal obligations globally and the lines between compliance, regulatory accounting and tax have become blurred.  We know from our clients that there is now real demand for holistic advice across these areas from a single, trusted global provider.  Acquiring HedgeStart with its well-deserved reputation, and absorbing its expertise, allows Cordium to strengthen its position in that role."

Law firm Pinsent Masons advised Cordium.

How to find us:
London Bankside

Bankside Office

240 Blackfriars Road
London
SE1 8NW
DX 53 Chancery Lane

Telephone: +44 (0)20 7629 7411
Fax: +44 (0)20 7629 2621
Email: bh@boodlehatfield.com

London Mayfair

Mayfair Office

6 Grosvenor Street
London
W1K 4PZ

Telephone: +44 (0)20 7629 7411
Fax: +44 (0)20 7629 2621
Email: bh@boodlehatfield.com

Oxford

Oxford office

6 Worcester Street
Oxford
OX1 2BX

Telephone: +44 (0)20 7629 7411
Fax: +44 (0)20 7629 2621
Email: bh@boodlehatfield.com

Bankside Office

240 Blackfriars Road
London
SE1 8NW
DX 53 Chancery Lane

Telephone: +44 (0)20 7629 7411
Fax: +44 (0)20 7629 2621
Email: bh@boodlehatfield.com

Get directions

Contact us