October 20, 2021 (London) – Proskauer has advised Copper Street Capital ("CSC") on its majority investment into the One Four Nine Group.
CSC will provide capital to support the growth of One Four Nine Group, a new independent financial advice and fund management group in the UK market. Through acquisition and integration, it aims to build a UK-wide business serving the £2.7 trillion savings and investment market.
The Proskauer team was led by corporate partner Andrew Wingfield and associates Karim El Borhami, Andrew Houghton and Shahmir Khan and paralegal Jake Fuller. Regulatory partner Kirsten Lapham and private funds associate also advised.
Proskauer has advised on a number of financial services M&A transactions in the last 12 months, including representing Parhelion on its launch and investment by international insurance broker, Howden Group; Pollen Street Capital on its role as lead investor in Markerstudy Group, a motor insurance provider in the UK and Responsible Life and Responsible Lending (the Responsible Group), a UK-based broker and lender, in the sale of a 30% stake in the business to Royal London.