Pinsent Masons advises Alveo on its sale to Symphony Technology Group
19 Jan 2023 | 11:50 am |
Pinsent Masons has advised the shareholders of Alveo, including funds managed by Sovereign Capital Partners (SCP), on its sale to Symphony Technology Group (STG).
Alveo is a leading cloud-based data management, analytics, and Data-as-a-Service provider to the financial services industry and serves a global footprint of blue-chip financial institutions with customers across 18 countries and operations in London, the Netherlands, Singapore and New York.
The Pinsent Masons team acting on the transaction was led by private equity partner Tom Leman and senior associate Joshua Willis.
Commenting on the deal, Tom Leman said: “We have a long-standing relationship with SCP, having advised the team when it first invested in Alveo in 2018. We continue to work with ambitious and innovative investors in the market such as SCP and we wish the Alveo management team well in their partnership with STG.”
Partner at Sovereign Capital Partners, Alex Hay, said: "The team at Pinsent Masons worked closely with us throughout the process and have provided great support and forward-thinking advice to ensure the final outcome was one that worked for all parties."
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons advises Scottish Friendly on proposed merger with OneFamily
Multinational law firm Pinsent Masons has advised Scottish Friendly on its proposed merger with OneFamily, a combination that would create one of the UK’s largest mutual life assurance groups with 2.3 million members and nearly £10 billion in assets under management.
Pinsent Masons announces new partner hire to London employment team
International law firm Pinsent Masons has today announced that the firm has bolstered its London Employment & Incentives team with the hire of Ian Shaw from Korn Ferry.
Pinsent Masons advises on landmark university merger
Multinational law firm Pinsent Masons has advised the University of Greenwich on the trailblazing merger with the University of Kent, paving the way for the creation of the UK’s first “super‑university”.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises on sale of VLocker to Venu+
Multinational law firm Pinsent Masons has advised on the sale of VLocker, a global leader in the design, manufacture, installation and management of electronic locker systems, to Venu+, a United States‑based portfolio company of private equity fund ZCG.
Pinsent Masons hires leading pensions partner Susie Daykin in London
Multinational law firm Pinsent Masons has appointed pensions partner Susie Daykin to join its London office.
Pinsent Masons MPillay advises Proparco on strategic Asia Pacific energy investment
Law firm Pinsent Masons MPIllay has advised French development finance institution Proparco (Société de Promotion et de Participation pour la Coopération Économique) on its investment in Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]