LONDON (October 11, 2016) - International law firm McDermott Will & Emery announces today advising global specialist outsourcing company Sanne Group plc on their complex acquisition of FLSV Fund Administration Services (FAS) for a total consideration of approximately US$ 65.8 million.
McDermott’s Head of the London Transactional Practice Mark Davis comments, “We are delighted to be able to assist the Sanne Group with this acquisition. This was a complex deal and highlights our ability to field a cohesive and multi-disciplinary team to meet client needs”.
The transaction was led by Guy Coltman, Partner at Carey Olsen, who also advised on Jersey law, supported by David Allen, Partner at Carey Olsen and assisted by McDermott Partners Stuart Mathews (on the English law corporate aspects), Meir Lewittes (on US corporate issues) and Adam Spiegel (on US finance aspects). The transaction also included lawyers from the Firm’s corporate, finance, employment and tax practices based in London, New York and Los Angeles notably Partners Evan Belosa and Maureen O’ Brien and Associates Anne Harris, Patrick Ryan for US employee benefits matters, UK tax Partner James Ross and Associates David Falk in New York and Matthew Chen in London. The transaction is expected to complete in November 2016.
McDermott’s Corporate & Transactional Practice represents business interests around the world, from global corporations and industry-leading companies to privately funded and entrepreneurial driven enterprises, as well as the financial institutions that support them. McDermott consistently ranks in the leading league tables, including Mergermarket, Thomson Reuters, Bloomberg and PitchBook.
The Corporate & Transactional Practice Group was named “Team of the Year” for Middle Market M&A/Buyouts by The Legal 500 and is highly ranked across the various legal directories in the United States, Germany and the United Kingdom. The London Corporate team is recommended as a ‘first-class’ department and moves up to Tier 1 in Corporate and Commercial: M&A - mid-market, £50m-£250m by Legal 500 UK 2016.
