Taylor Wessing advises Advent Software on acquisition of Syncova Solutions

International law firm Taylor Wessing has advised Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, on its acquisition of Syncova Solutions Limited. 

Syncova is a privately held UK-based company that provides margin management and financing software to hedge funds and prime brokers. Under the terms of the agreement, Advent has acquired all the company's outstanding capital stock.

The Taylor Wessing team advising Advent was led by Mark Barron, assisted by Karolina Plent, Philip Leyshon (Technology & Inward Investment), James Stewart and Anna Johnson (Tax), Chris Cooper (Employment) and Chris Jeffery (Intellectual Property).

Lead partner Mark Barron comments:

"We are delighted to have advised Advent on this key strategic acquisition that has been driven by the opportunities created by an ongoing market focus on risk management, liquidity control and operating efficiency, and the increased demand by hedge funds and prime brokers to automate the margin and finance cost process."

Ends

Lawyers Mark Barron, Karolina Plent, Philip Leyshon, James Stewart, Anna Humphrey, Christopher Cooper, Christopher Jeffery, Nikol Davies

Notes to editors
 
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Taylor Wessing LLP is a leading international law firm providing support for commercial organisations doing business in Europe, the Middle East and China.