Insights

Choate Named Finalist for M&A Advisor 7th Annual International M&A Awards

Choate today announced that it has been named a finalist for the 7th Annual International M&A Awards by The M&A Advisor magazine.  Choate was named a finalist in both the “Cross Border M&A Deal of the Year ($500MM - $1B)” category and the “Financial Services Deal of the Year” category for its representation of Numeric Investors, which was acquired by Man Group on September 5, 2014.

The Annual International M&A Awards recognize the top international deals, dealmakers, and firms conducting important transactions in the Americas, Europe, Asia, Middle East, Africa and Australia.  The winners will be announced in New York City on April 28, 2015 in conjunction with the 2015 International Financial Forum.

Choate’s deal team, led by partner Robert Jahrling and counsel Jonathan Gabriel, represented Numeric Investors, a Boston-based investment manager with $14.7 billion in assets under management, in its acquisition by London-based hedge fund manager Man Group, which has $55 billion in assets under management.  The complex transaction structure allowed Numeric’s management to continue driving the company's impressive growth trajectory, enabled Man Group to increase its geographic base of institutional investors and expand in the American market, and provided immediate liquidity to private equity firm TA Associates, which was a partial owner of Numeric.

“In 2014, we witnessed the return of M&A volumes to pre-crisis level and with that an unprecedented transformation of local market firms and dealmakers into global M&A experts whose intimate knowledge and expertise in the cultural, financial and legal arenas are redefining our industry,” said David Fergusson, president and co-CEO of The M&A Advisor.  “We are honored to be able to celebrate the creativity, perseverance and ingenuity of our industry’s professionals and to recognize the contribution that the 2015 award finalists have made in the global M&A market.”

Choate is ranked nationally as a Tier 1 firm in Middle-Market M&A by The Legal 500 and among the top “Most Active Law Firms” worldwide by Private Equity Analyst and PitchBooks.

The M&A Advisor was founded in 1998 to offer insights and intelligence on the M&A market.  Over the past 17 years it has established a premier global network of M&A, turnaround, and finance professionals.   Today, The M&A Advisor recognizes excellence, honors achievement, presents thought leadership and facilitates connections between the industry’s top performers throughout the world.