On Sept. 16, 2022, Bloomberg Law reported on the acquisition of Cians Analytics by BakerHostetler client Acuity Knowledge Partners (Acuity). The article noted that this acquisition consolidates Acuity’s “position as a global leader in providing outsourced knowledge processing.” The BakerHostetler team advising Acuity in this matter was led by Partner Steven Goldberg and Associate Cary Jones and also included Partners John Lehrer, Jerry Ferguson, Deborah Wilcox, Brian Murray and Brian Harris; Counsels Meagan Moore and Jacqueline Best; and Associates Carolina Alonso, Michael Parente, Derek Freitas, Caitlin Duckworth and Tali Knauer.
Read on for the full story from Bloomberg Law.
Firms Help PE-Backed Acuity Buy Financial Analytics Rival
Sept. 16, 2022, 6:55 AM
Five law firms advised as Acuity Knowledge Partners, a provider of research, analytics and business intelligence to the financial services sector, acquired rival firm Cians Analytics.
Latham & Watkins, BakerHostetler, and Mumbai, India-based firm AZB Partners advised London-based Acuity, which was acquired by private equity firm Equistone Partners Europe in 2019. Mayer Brown and New Delhi-headquartered Phoenix Legal advised New York-based Cians, according to a statement.
Acuity said the acquisition consolidates its position as a global leader in providing outsourced knowledge processing. It said that post-transaction it will have over 5,500 employees worldwide supporting over 500 banking and financial services firms.
Financial terms of the transaction were not disclosed.
BakerHostetler said its team advising Acuity was led by partner and M&A co-chair Steven H. Goldberg, with associate Cary P. Jones, among others.
Mayer Brown said its team advising Cian was led by corporate & securities partner Joe Castelluccio and tax partner Remmelt Reigersman.
Latham’s team was not immediately available.
To contact the correspondent on this story: Rick Mitchell in Paris at rmitchell@correspondent.bloomberglaw.com
To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com
Reproduced with permission. Published Sept. 16, 2022. Copyright 2022 by The Bureau of National Affairs, Inc. (800-372-1033)