Irwin Mitchell Advises On Cross-Border Transaction

The London office of law firm Irwin Mitchell has advised DeriveXperts on its sale to world-leading information, analytics and solutions provider, IHS Markit.

Founded in 2003 with offices in London and Paris, DeriveXperts specialises in daily and monthly calculations of assets traditionally seen as difficult to value, including equity derivatives, FX derivatives, interest rate derivatives and structured notes.

IHS Markit currently offers pricing and valuation services for vanilla and exotic OTC derivatives, fixed income cash products, private equity and illiquid debt instruments. The acquisition complements and enhances its existing derivatives data and valuations businesses.  It will also bolster IHS Markit’s client base in the French capital.

Francis Cornut, founder and CEO of DeriveXperts, added: “Together, we will continue to deliver unparalleled expertise and best-in-class capabilities that move with the speed of evolving global markets.”

The transaction was dealt with by Bryan Bletso and Charlie Milsom from the Corporate team at Irwin Mitchell’s London office. 

Expert Opinion

“I was involved in setting up the DeriveXperts business at its inception over 15 years ago and my team has provided corporate advisory advice throughout the company’s life cycle. It was therefore particularly satisfying for Irwin Mitchell to be involved in assisting Francis with the sale of his company. Irwin Mitchell act for many owner managed businesses and are experts at providing advice throughout their life cycles and during the exit process itself.” Bryan Bletso - Partner