Field Fisher Waterhouse advises AIM listed FFastFill on UK vendor placing in connection with acquisition of US assets
Fieldfisher advises AIM listed FFastFill on UK vendor placing in connection with acquisition of US assets
Field Fisher Waterhouse LLP has advised FFastFill plc, a leading provider of Software as a Service to the global derivatives community, on a UK vendor placing in connection with the acquisition of the technology consulting and software solutions business of US company WTD Consulting Inc. in a deal worth $12 million (£7.6m).
Fieldfisher advised FFastFill on the vendor placing carried out by Canaccord Genuity Limited on behalf of the company in connection with the acquisition. Corporate partner Tim Bee led on the deal and was assisted by partner Andrew Prowse and associate Edward Westhead.
Tim Bee said: “We are pleased to have advised FFastFill on its vendor placing in connection with this important acquisition which will further strengthen its US business and global position in the Exchange Traded Derivatives arena. The firm has a long standing relationship with FFastFill and this acquisition follows quickly after their acquisition of the "Spread Intelligence" software business earlier this year, on which we were also pleased to advise.”
Fieldfisher has a strong reputation in the AIM field, advising more than 30 AIM-quoted companies this year so far. This includes work for Avocet Mining plc and President Petroleum Company plc.
WTD Consulting Inc. was advised by US law firm, Loeb & Loeb LLP
For further information, please contact:
Louise Eckersley, PR Manager, Field Fisher Waterhouse LLP on 020 7861 4120