Kirkland & Ellis represented FNZ and funds advised by H.I.G. Capital and General Atlantic on a definitive agreement to sell their investment in FNZ, the global FinTech firm, to La Caisse de dépôt et placement du Québec and Generation Investment Management LLP. The transaction values the company at £1.65 billion, and is subject to relevant regulatory approvals. FNZ is a global FinTech firm, transforming the way financial institutions serve their wealth management customers.
Kirkland has had a nine year association with FNZ, advising on H.I.G. Capital’s initial investment in 2009, General Atlantic’s investment in 2012 and FNZ’s recently announced deal to acquire European Bank for Financial Services GmbH (ebase) from comdirect bank AG.
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The Kirkland team was led by London corporate partners Gavin Gordon, Carl Bradshaw and Tom McCarthy assisted by corporate associates Giles Clifford, Holly Donovan and Jamie Gordon, Munich partner Bernhard Guthy and associate Sebastian Häfele, debt finance partners Stephen Lucas and Ben Myers and associate Harry Briffitt, regulatory partners Lisa Cawley and Philip McEachen and associate Suleyman Siddiqui, antitrust partners Sarah Jordan and Mark Gardner, tax partners Dulcie Daly and Mark Ingram, and tax associate Tabatha Bergin and litigation partners Rajinder Bassi and Richard Boynton.