Jamieson advise the Thomson Reuters Trade and Risk Management Team in the primary buyout of the Trade and Risk business (“Risk”) by Vista Equity Partners (“Vista”). Vista and Thomson Reuters have signed an agreement under which Vista has made a binding offer to buy the Risk business which currently operates as a distinct unit within the Enterprise Solutions business.
The Jamieson engagement team was led by Stuart Coventry and Matt Hucker and the deal represents a growing trend of primary buyouts against the back drop of a challenging economic climate.
Risk is a leading global provider of cross asset, front-to-back office portfolio and risk management systems for the financial services industry. The businesses products are used by a broad range of financial institutions including investment banks, pension funds, mutual funds, hedge funds, securities companies and insurance companies as well as utilities and corporations.