Proskauer has advised Motive Partners, a global private equity firm focused on growth investing, on its acquisition of a controlling interest in Lucht Probst Associates GmbH (“LPA”) which is headquartered in Frankfurt, Germany.
LPA is a provider of innovative software and advisory services focused on financial services distribution and regulatory compliance solutions, with a specific focus on capital markets and wealth management participants. Motive Partners will support LPA and its founders in accelerating the company’s growth, including product development, international expansion and strategic hiring.
Motive Partners is a sector specialist investment firm that is focused on technology enabled companies that power the financial services industry. Based in New York and London and comprised of investors, operators and innovators, Motive Partners brings differentiated expertise, connectivity and capabilities to create long-term value in financial technology companies.
The Proskauer team was led by London partner Richard Bull (picture) alongside associate Tom Wood. They worked closely with SKYE Partners on the German aspects of the transaction.
Watson Farley & Williams served as LPA’s legal advisor in connection with the transaction.
Law Firms: Proskauer Rose LLP;
Clients: Motive Partners;