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April 14, 2021

Sadis is Pleased to Announce its Representation of Strait Capital Company Ltd in the Sale of Strait to Sanne Group Delaware, Ltd.

A team of Sadis attorneys led by Partner Paul J. Marino represented the owner of Strait Capital Company Ltd. ("Strait"), a U.S.-based fund administrator serving the traditional and alternative fund market in connection with his sale of Strait to Sanne Group Delaware, Inc., a wholly owned subsidiary of Sanne Group, PLC ("Sanne”). Sanne is a European financial services and technology company publicly traded on the London Stock Exchange.

Sadis's deal team consisted of Mr. Marino, Jonathan Bernstein (Partner), Seth Lebowitz (Partner), Robert Cromwell (Counsel) and Noah Batist (Associate).

"We were proud to offer our client exemplary service in this deal," said Mr. Bernstein.

"We provided the seller with our expertise in negotiating and managing transactions. We pride ourselves on our track record advising financial services and financial tech firms on M&A transactions and we look forward to continuing our work in the space,” said Mr. Marino, co-chair of the firm's Corporate and Financial Services Groups.