Atlas Merchant Capital-led group to buy 25 pct of Ascensus
An investor group led by Atlas Merchant Capital LLC is buying just under 25 percent of Ascensus. Financial terms weren’t announced. GIC, Singapore's sovereign wealth fund, is part of the group. Ascensus, of Dresher, Pennsylvania, provides retirement-plan services. Barclays and J.P. Morgan provided financial to Ascensus, while Willkie Farr & Gallagher LLP acted as legal counsel to the company. Debevoise & Plimpton LLP acted as legal counsel to Atlas Merchant Capital and Sidley Austin LLP acted as legal counsel to GIC.
19 February 2019•4 mins read
