Mishcon de Reya has advised New York-based Synechron Inc., the technology consulting and outsourcing provider for the financial services industry, on the acquisition of Crossbridge Services Limited, a specialist financial services consulting firm based in London.
The deal augments Synechron’s consulting expertise and consolidates its footprint in the London financial services community and the European market.
Faisal Husain, co-founder and CEO of Synechron commented: “This acquisition is an important milestone for us and it has been our major strategic objective to strengthen our presence in London, since starting out in the U.S. financial services industry in the early 2000s. Crossbridge’s strong financial services capabilities matched with our unparalleled client service promise and acumen across the financial, business and technology sectors make this collaboration an incredibly fruitful opportunity for us to continue servicing our clients with a gold standard.”
The Mishcon de Reya team was led by Corporate Partner Ross Bryson, Associate Shantanu Sinha and Solicitor James Spencer, with support from Tax Partner John Skoulding and Employment Associate Will Winch.
Ross Bryson commented: "This is our first instruction from Synechron and it was a pleasure to work on such a significant deal alongside them."