Matheson recently advised Dublin-based investment technology firm, Omnium, on the investment by Shard.
Shard Capital, a city of London wealth management firm, has agreed to buy a 50 per cent stake in Omnium.
Omnium was advised by a cross-departmental Matheson team led by Corporate M&A partner, Sandie Lord, Regulatory partner, Joe Beashel and Corporate associate, Criona Gannon.
Omnium Investment Platform, which was established in 2014, supplies technology to investment advisers and wealth managers to help them to manage diverse assets and execute their trades on one platform. Christopher Ovenden, Omnium's chief executive, described Omnium as a "financial plumber" for wealth managers as investment management becomes increasingly driven by technology. He acknowledged that demand for its platform "shot through the roof" over the last year of the pandemic, squeezing five years of a digital shift into one.
Sandie Lord, Corporate M&A partner commented:
"We were delighted to have worked with Omnium on this investment. We are also very excited by the opportunity to assist the team at Omnium as they work with Shard to further develop the business in the years ahead. We have recently advised on a number of acquisitions in the technology and financial regulation space and only see this market continuing to expand both domestically and globally ".
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