Travers Smith has advised new client Fulcrum Group on its $295m (£158.5m) merger with Bermuda-based financier Butterfield Fund Services, part of Butterfield Bank. The top 40 UK law firm fielded a team led by corporate finance partners Philip Chevely, Neal Watson and Tony Foster on the deal, which was agreed late last month following months of discussions. The agreement will see fund administrator Fulcrum, which is backed by existing Travers client 3i, merge with Butterfield Funds Services' businesses in Bermuda, the Cayman Islands, the Bahamas, Guernsey and Canada.
August 27, 2008 at 10:38 PM
1 minute read
The original version of this story was published on Legalweek
Travers Smith has advised new client Fulcrum Group on its $295m (£158.5m) merger with Bermuda-based financier Butterfield Fund Services, part of Butterfield Bank.
The top 40 UK law firm fielded a team led by corporate finance partners Philip Chevely, Neal Watson and Tony Foster on the deal, which was agreed late last month following months of discussions.
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