Pelican Capital’s Acquisition Of Wheelhouse Advisors


Stephenson Harwood has advised Pelican Capital on the deal.

Pelican Capital, the private equity firm, acquired Wheelhouse Advisors, formerly Cordium Accounting.

Pelican Capital and investors acquired Wheelhouse Advisors, the compliance and accounting business, from ACA Compliance Group earlier this year. ACA Compliance Group is a US-based provider of risk management and technology solutions to the financial services industry.

The Stephenson Harwood team was led by private equity partner Malcolm MacDougall (Picture), with support from senior associate Chris Manning, and associates Rajiv Kakkad and Lydia Zakrzewski. Private equity partner Gabriel Boghossian, associate Arturas Jakubovskis and regulatory partner Jake Pidcock also advised. Additional assistance was provided by the acquisition finance team and teams across the firm’s employment, commercial and IP practice areas.

Involved fees earner: Gabriel Boghossian – Stephenson Harwood; Arturas Jakubovskis – Stephenson Harwood; Rajiv Kakkad – Stephenson Harwood; Malcolm MacDougall – Stephenson Harwood; Chris Manning – Stephenson Harwood; Jake Pidcock – Stephenson Harwood; Lydia Zakrzewski – Stephenson Harwood;

Law Firms: Stephenson Harwood;

Clients: Pelican Capital;