M&A Advisory
K&L Gates
Full Credential Description
Focus Financial Partners Inc., a prominent partnership of independent fiduciary wealth management firms, faced the challenge of navigating a complex acquisition process involving funds affiliated with Clayton, Dubilier & Rice, LLC and Stone Point Capital LLC. The transaction, valued at over US$7 billion, required meticulous attention to regulatory approvals and client consent processes, which are critical in the financial industry. K&L Gates LLP provided a tailored solution by leveraging its extensive experience in asset management, investment funds, and corporate law. The firm’s team, led by partner Robert Sichel, effectively managed the intricate regulatory landscape and facilitated the necessary client consents, ensuring that the process was handled with professionalism and efficiency. This approach not only instilled confidence in Focus Financial’s general counsel, Rusty McGranahan, but also minimized client attrition during the transition. As a result of K&L Gates' efforts, Focus Financial successfully completed the acquisition, leading to the cessation of its common stock trading on NASDAQ. The firm’s ability to navigate the complexities of the transaction and provide timely solutions was instrumental in achieving a smooth transition for Focus Financial into its next chapter.
Measurable Results
Successfully completed $7B transaction