Skadden is advising Alter Domus Group, Jefferies LLC acted as exclusive financial advisor and Reed Smith LLP acted as legal advisor to Cortland.
Cortland Capital Market Services LLC, a global investment servicing company, today announced that it has entered into an agreement under which it will be acquired by Alter Domus Group, a leading provider of fund administration and corporate services dedicated to international private equity and infrastructure houses, real estate firms, private debt managers, multinationals, capital markets issuers and private clients. The transaction is expected to close in the first quarter of 2018, subject to certain approvals and other customary closing conditions. Financial terms of the transaction were not disclosed.
Founded in Luxembourg in 2003, the Alter Domus Group has continually expanded its global service offerings and today counts 32 offices and desks across four continents. This international network enables clients to benefit globally from the expertise of more than 1100 experienced professionals active in fund administration, depositary services, corporate secretarial, accounting, consolidation, tax and legal compliance and debt administration services. Alter Domus clients include 9 of the 10 largest private equity houses, 6 of the 10 largest real estate firms and 5 of the 10 largest private debt managers in the world.
The Skadden teamincludes: M&A partners Alexandra McCormack (Picture) and Allison Schneirov, and associate Sarah Wolpert; Executive Compensation and Benefits partners Regina Olshan and Joseph Penko; Tax partner Gavin White; and Intellectual Property and Technology partner Resa Schlossberg.
Involved fees earner: Alexandra McCormack – Skadden Arps Slate Meager & Flom; Allison Schneirov – Skadden Arps Slate Meager & Flom; Sarah Wolpert – Skadden Arps Slate Meager & Flom; Regina Olshan – Skadden Arps Slate Meager & Flom; Joseph Penko – Skadden Arps Slate Meager & Flom; Gavin White – Skadden Arps Slate Meager & Flom; Resa Schlossberg – Skadden Arps Slate Meager & Flom;
Law Firms: Skadden Arps Slate Meager & Flom;
Clients: Alter Domus;