Bristol team advise on sale of fintech business
Bristol law firm Osborne Clarke has advised a leading provider of risk analytics and modelling solutions to banks and insurers on its sale.
Founded in 2011 4most has been sold to Phoenix Equity Partners,
It works with clients ranging from challenger banks to world-leading international financial institutions to design, build and implement regulatory and non-regulatory risk and pricing modelling solutions in the credit and actuarial risk markets.
The firm has supported over 100 financial services providers in the last five years. In an increasingly complex landscape of regulation for prudential and credit risk, climate reporting and consumer duties, there is an ever-greater need for the specialist advice and technical delivery of modelling solutions which 4most provides.
The existing management team will continue to run the business and play a key role in its future growth amid strong demand for its technical expertise.
Rob McDowell, chief executive of 4most, said: “I can’t praise the Osborne Clarke team enough for their commitment to this transaction, it has been an absolute pleasure to work with each of them.
“The sheer diligence, professionalism and strive to get to the finish has been incredibly impressive to observe.”
Osborne Clarke’s team was led by corporate partners David Ferris and Alisdair Livingstone who were supported by associate director Ed Nisbet, senior associates Oliver Woods and Jack Wellington and associates Gemma Boucher and Zarina Alexander. Partner Michael Carter and senior associates Rhiannon Jones and Stuart Rose provided incentives advice while partner David Nisbet and associate director Rob Thomas advised on tax.a
