Waterfront has advised Chris DeBrusk and Amrik Chawla, Joint Heads of North America and minority shareholders in Rule Financial, in relation to the sale of the company to the GFT, a leading German IT services provider for the banking sector in Europe and North America, for an undisclosed sum. Rule Financial provides business consulting, technical consulting and IT services to investment banks, asset and wealth management and related financial institutions. Chris and Amrik joined Rule Financial in March 2012 as part of the acquisition by Rule Financial of the Waterline Group where they were founders.
The Waterfront team advising on this transaction was led by Matt Cunningham with support from Patrick Peake.
Travers Smith provided legal advice to Rule Financial.
Edwards Wildman provided legal advice to the buyer.
Chris DeBrusk said: “Matt is approachable and responsive. His advice was clear and he took the time to make sure we fully understood the legal documents we were being asked to sign up to. I would recommend him without hesitation.”