Pinsent Masons advises Sovereign on the acquisition of The IMS Group

06 Dec 2010 | 12:00 am |

International law firm Pinsent Masons has advised Sovereign Capital (Sovereign), the UK private equity Buy & Build specialist, on the acquisition of The IMS Group (IMS), a leading provider of consulting and integrated business support to the wholesale asset management and securities industry.

IMS’ core service offering is regulatory compliance consulting to UK regulated financial services firms.  Alongside this, IMS provides related services including hosted regulatory permissions, due diligence, compliance training, risk management and recruitment. It also offers accounting, taxation and administration services through IMS Buzzacott, a joint venture with the top 30 niche accounting firm Buzzacott LLP, and US regulatory consulting through IMS Consulting (US) LLC based in New York.

The Pinsent Masons team advising Sovereign comprised corporate partner Tom Leman assisted by Tim Dolan (financial services), Ross Dawson, Arif Mawany (corporate), Pippa Whitmore (banking).

Tom Leman commented: “With the increase in regulation financial services compliance consultancies will be in ever greater demand. We are delighted that our financial services expertise, coupled with our private equity experience, helped Sovereign start the journey with IMS”

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Tom Leman

Tom Leman

Partner, Head of Retail & Consumer

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