EY Law advises FE fundinfo Group on the acquisition of Dericon
International law firm Ernst & Young Law has advised FE fundinfo Group, a portfolio company of private equity investor Hg, on its European expansion with the acquisition of Frankfurt-based Dericon.
The team from EY was led by EY Law Partner Dr. Jan Philipp Feigen (pictured) and included also: Dr. Daniel Mattig (Senior Manager, PE/M&A, Hamburg, co-lead); Dr. Christoph Imschweiler (Partner, Tax, München), Sylvia Schapitz (Director, PE/M&A, Eschborn); Liza Wessling (Manager, PE/M&A, Hamburg); Dr. Sebastian Merkel (Senior Consultant, PE/M&A, Hamburg); Björn Thorben Stute (Senior Consultant, PE/M&A, Hamburg); Antonia Steinert (Consultant, PE/M&A, Hamburg); Anna-Marija Sasic (Consultant, PE/M&A, Hamburg); Wolfgang Hardt (Partner, labor law, Hamburg); Philipp Bastian Bekemeier (Director, labor law, Berlin); Dr. Christian Friedrich Bock (Senior Manager, labor law, Hamburg); Sarah Romero Holanda (Senior Consultant, labor law, Berlin); Dr. Ansgar Becker (Partner, regulatory, Eschborn); Robert Jung (Director, regulatory, Eschborn); Tassilo Amtage (Director, regulatory, Eschborn); Magdalena Okonska (Senior Consultant, regulatory, Hamburg); Laura Heinisch (Senior Consultant, regulatory, Hamburg); Martina Lipke (Senior Consultant, regulatory, Eschborn); Natalie Menzel (Senior Consultant, regulatory, Eschborn); Jana Anja Schanze (Consultant, regulatory, Eschborn); Alexandra Parascho (Senior Manager, real estate, Berlin); Tobias Schall (Director, IP/IT/data protection, München); Dr. Thomas Blickwedel (Manager, IP/IT/ data protection, München); Katrin Wecker (Consultant, IP/IT/ data protection, München); Dr. Nils Gildhoff, LL.M (Director, antitrust law, Hamburg).
More details on the deal
FE fundinfo is a leading financial data company connecting the asset management industry with distribution networks in the UK, Europe and Asia Pacific. The partnership, which is subject to regulatory approval, will enable FE fundinfo’s clients to gain direct access to one of the largest distribution channels for asset managers in Germany, while significantly expanding their capabilities in the region. Dericon has developed a comprehensive distribution network for financial products that is used by over 150 leading banks and global investment houses in their advisory processes. Through an innovative web-based solution, Dericon WMS, the company supports the compliant structuring of financial products, allowing clients to be better served with data while meeting the growing regulatory obligations in Germany and the EU.
The strategic investment also connects FE fundinfo’s asset management clients to Germany’s largest distribution channel via the Sparkassen Group, a network of public banks with 50 million customers. This further positions FE fundinfo as a strategic partner to fund managers seeking to connect investment product information and financial products to the largest distribution channels in Europe and the UK.