Carson McDowell advises Options on growth investment from Bregal Sagemount

16 August 2017

Practice Area: Corporate - M&A, Employment Law
Sector: Technology


Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced a significant investment by Bregal Sagemount, a New York-based private equity firm focused on growth-oriented investments. The transaction, which sees Bregal Sagemount invest nearly $100m in Options, will enable the firm’s executive team to pursue strategic growth initiatives, invest further in platform innovations, and expand Options’ reach in key financial centres globally.

Carson McDowell was chosen to advise the shareholders of Options Technology Limited in relation to the investment in the company by Bregal Sagemount.

Neasa Quigley, partner and joint head of department of the firm’s corporate team, said:

“Carson McDowell was delighted to act for the owners of Options Technology on this significant transaction, with US private equity fund Bregal Sagemount, to achieve a very positive outcome. The multi-million pound investment will facilitate Options Technology’s exciting growth plans for the global financial services sector. This transaction serves as an endorsement of Carson McDowell’s international capabilities. We congratulate Danny Moore and the founders of Options Technology on the deal and look forward to working with the business as it achieves further success in future.”

In relation to Carson McDowell’s involvement as advisors to the shareholders of Options Technology Limited, Danny Moore, chief operating officer of the company, said:

“We’ve worked with Neasa Quigley and the team at Carson McDowell for a number of years. The decision to work with a local Belfast based firm in a global M&A transaction was one we put a lot of thought into. Carson McDowell didn’t let us down, they were a fantastic partner in the process.”

Options is a global leader in financial technology managed services, hedge fund technology and IT infrastructure products and was the first provider to offer cloud services to the financial sector. Its key focus is to enable clients to operate world-class financial technology, while supporting business scalability and new technology for the future. The company, which has a client presence spanning over 20 countries and benefits from offices in Belfast, London, New York, Chicago, Toronto, Dublin, Hong Kong and Singapore, has recently been listed among the UK’s fastest growing companies.

The Carson McDowell corporate team involved in the transaction were Neasa Quigley, Rachel McAllister and Le-ann Campbell with assistance from Rachel Penny and Leona Rankin from the Employment team.

The Options press release can be found here