Financial services
In an increasingly complex and challenging regulatory environment, clear guidance and commercial application from professional advisers has never been more critical. We have extensive experience in the financial services industry providing very high end work to a range of financial institutions.
Examples of our expertise in the financial services industry include:
3i
Advising 3i on the acquisition of Bestinvest Holdings wealth manager.
Alchemy
Advising Alchemy in relation to the acquisition of Interglobal, a provider of health insurance to individuals and corporates worldwide and advising Interglobal on a number of different matters, including on the regulatory and other aspects on its transaction to a principal insurer.
Alchemy
Advising Alchemy in relation to various acquisitions in the financial services sector including Swift Advances (the mortgage lender), Cathedral Capital (the catastrophe insurance broker/underwriter) and Everday Loans (the high street lender). Also advised in relation to the sale of Classic Car Insurance Broker to Aon.
BATS Global Markets
Advising BATS Global Markets Inc. on its proposed merger with Chi-X Europe, which will create a significant competitor to incumbent European stock exchanges. This deal is currently subject to a detailed Phase II review by the UK's Competition Commission.
Brit Insurance
Advising Brit Insurance N.V. on a recommended $1.3bn cash offer by Achilles Netherlands Holdings B.V., a company formed for the purpose of implementing the acquisition at the direction of, and jointly owned by, a consortium comprising Apollo Management VII, L.P. and CVC Capital Partners Limited.
Butterfield Bank
Advising Bank of N T Butterfield & Son Limited on the $225m merger of Butterfield’s fund administration business in Bermuda, the Cayman Islands, Bahamas and Guernsey; and the purchase of Bentley Reid. We subsequently advised on the sale of its interest in Butterfield Fulcrum and Bentley Reid.
Exponent Private Equity
Advising Exponent Private Equity and management on the sale of Cardsave, one of the UK’s leading suppliers of credit card terminals and services to independent retailers.
Goldman Sachs
Advising Goldman Sachs on the €1.2bn acquisition of, and investment in, ABN AMRO’s UK, Netherlands and Nordic private equity portfolio.
ICAP
Advising ICAP plc on a range of matters including the co-investment with Barclays Capital, Bank of America Merrill Lynch, Deutsche Bank and J.P. Morgan in iSwap, an electronic platform for trading OTC euro IRS (Interest Rate Swaps) and the acquisitions of the Link Asset and Securities Company Limited, the EBS foreign exchange trading platform, and TriOptima.
JC Flowers
Acting for JC Flowers & Co UK Limited on its investment in the business of Kent Reliance Building Society via an innovative structure involving the creation of a new industrial and provident society and bank subsidiary.
Just Retirement (Holdings) plc
Advising Just Retirement (Holdings) plc on its IPO and its subsequent sale to Permira for £229m.
KBC Peel Hunt Limited
Advising management and their acquisition vehicle on the acquisition of KBC Peel Hunt Limited, the stockbroking and advisory house, from KBC Bank NV.
Royal Bank of Scotland
Advising Royal Bank of Scotland on a range of matters including the sale of RBSI Securities Services (Holdings) Limited to BNP Paribas SA and the acquisition of TTT Money Corp.
Wescot Credit Services
Advising Wescot Credit Services, a debt collection and debt purchase business, in relation to its financing and merger and acquisition activities.
