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Ogier in Jersey has acted for Elian in connection with the Jersey aspects of its proposed purchase to buy SFM Europe, a leading provider of corporate services with over €1 trillion of assets under administration.
The deal demonstrates Ogier’s expertise in M&As in the offshore fiduciary sector.
The acquisition of SFM Europe, which was established in 1999 and spans nine jurisdictions, will significantly increase Elian’s European footprint and enhance its corporate services and structured finance offering.
On completion of the deal, which is subject to regulatory approvals, Elian will employ over 640 staff across 16 jurisdictions, covering all major time zones and key financial markets. SFM Europe will operate as a separate division of Elian.
Ogier partner Matthew Shaxson, who led the Ogier team, said: “Working alongside Elian on this exciting transaction is another demonstration of Ogier’s capability and expertise in M&As in the offshore fiduciary sector.”
Matthew Shaxson was assisted by senior associate Dilmun Leach and trainee solicitor Ben Vickers.
English M&A legal advisers were King & Wood Mallesons LLP for Elian.
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