LiquidPoint’s merger with Dash Financial Businesses


Kirkland & Ellis LLP advised private equity sponsor GTCR and brokerage and trading services firm Convergex, which GTCR owns a controlling interest in, on the decision to combine Dash Financial and LiquidPoint (Convergex’s options trading and technology business), creating a leading financial technology company in the options and equities markets.

GTCR will be contributing LiquidPoint from Convergex to create the combination with Dash. The combined entity will operate as Dash Financial Technologies and be majority owned by GTCR.

The Kirkland team was led by corporate partners Sanford Perl (Picture), Michael Weed, Sean Kramer and Joydeep Dasmunshi and associates Ryan Jackson, Peter Stach, Sam Zeller, Ziyad Ziyadzade and Merrick Doll; debt finance partners Jocelyn Hirsch and Brian Tweedie; tax partners William Welke, Russell Light and Polina Liberman; and investment funds partner Josh Westerholm and associate Phil Giglio.

Involved fees earner: Sanford Perl – Kirkland & Ellis; Michael Weed – Kirkland & Ellis; Sean Kramer – Kirkland & Ellis; Joydeep Dasmunshi – Kirkland & Ellis; Ryan Jackson – Kirkland & Ellis; Peter Stach – Kirkland & Ellis; Sam Zeller – Kirkland & Ellis; Ziyad Ziyadzade – Kirkland & Ellis; Merrick Doll – Kirkland & Ellis; Jocelyn Hirsch – Kirkland & Ellis; Brian Tweedie – Kirkland & Ellis; William Welke – Kirkland & Ellis; Russell Light – Kirkland & Ellis; Polina Liberman – Kirkland & Ellis; Josh Westerholm – Kirkland & Ellis; Phil Vincent Giglio – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: GTCR; ConvergEx Inc.;

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Author: Ambrogio Visconti