- The acquisition will expand Chatham Financial's offering of financial risk management solutions in Europe
- Latest example of the work of Baker McKenzie in advising on complex transactions
Leading global law firm Baker McKenzie advised Chatham Financial Corp., the largest independent global financial risk management advisory and technology firm, on its acquisition of JCRA, a London headquartered independent financial risk advisor specialising in hedging and debt advice. The deal, signed on 1 October 2019, closed on 8 November.
The acquisition will significantly expand Chatham Financial's presence in Europe and enhance its position as a global powerhouse in financial risk management solutions.
The Baker McKenzie team was led by Corporate Partner James Burdett alongside Corporate Associate Han Ser and supported by Partner Mark Simpson (Financial Services), Senior Associates Julian Hui (Financial Services), Matthew Legg (Tax) and Gillian Murdoch (Employment), and Associates Claire Guthrie (Corporate) and Rosanne Hooper (Financial Services). Baker McKenzie's offices in New York, USA and Toronto were also involved in the transaction.
Commenting on the deal, Ian Jack, Banking & Finance Partner and Chatham Financial's relationship partner said: "We are delighted to have advised Chatham Financial on this strategically important acquisition as it looks to expand its advisory and technology platform. This was a highly complex transaction involving regulatory clearances in the UK and the US, and very clearly demonstrates Baker McKenzie's strength in tackling highly challenging transactions."
Matt Henry, Managing Partner and Global Head of Real Estate, Chatham Financial said: “We have known and worked alongside Baker McKenzie for several years as co-advisors on complex transactions and are very pleased to have had Ian and the team on our side for this landmark deal in Chatham’s development.”
This is the latest example of Baker McKenzie's work in advising on market-leading, innovative transactions, including recently advising on the $3bn sale of MagicLab to Blackstone, and confirms Baker McKenzie's position as a transactional powerhouse.