Arnold & Porter Advises Arcesium on Acquisition of Limina AB
Arnold & Porter recently advised Arcesium, a global financial technology provider to the investment industry, in the acquisition of Limina AB, a Swedish technology company specializing in software solutions for the investment management industry. The transaction marked the first acquisition for Arcesium, which launched as an independent company in 2015 through a joint venture between the D. E. Shaw Group and Blackstone Multi-Asset Investing, and which has since received further strategic investment from JPMorgan Chase & Co.
Arnold & Porter provided strategic counsel to Arcesium across all aspects of the acquisition, from the initial letter of intent through the negotiation of a definitive acquisition agreement, and ongoing guidance on post-closing integration and other day-to-day corporate matters related to the combination.
The Arnold & Porter team was led by partner Marina Richter and included partners Laurie Abramowitz and Reuven Graber; counsel Pantea Garroussi, Joel I. Greenberg, and Kathleen Wechter; and associate Jacob Saracino.