Sadis & Goldberg represented Essential Fund Services LLC in its Sale to JTC PLC.

A team of Sadis & Goldberg attorneys led by Partner Paul J. Marino, head of Mergers & Acquisitions, represented Essential Fund Services LLC in the sale of the New York-based provider of fund administration services to JTC PLC, the London Stock Exchange listed global provider of fund, corporate and private client services.

The Sadis & Goldberg transaction team consisted of Mr. Marino, Robert Cromwell (Counsel) and Alex Raytman (Associate).

Mr. Marino said “We were pleased to guide our client in folding his business into JTC’s growing United States footprint for its global fund services platform.”

“Our team at EFS is tremendously excited to join forces with JTC,” says Gerard Federici, CEO of Essential Fund Services. “We appreciate the top-flight commercial and practical guidance that the Sadis team provided during this process.”

Sadis & Goldberg maintains a diverse, business-oriented practice focused on corporate, mergers & acquisitions, investment funds, litigation, real estate, regulatory, tax and ERISA. Drawing on the experience and depth of our attorneys in these distinct areas, we can leverage each attorney’s industry specific knowledge to help our clients succeed. This collaborative approach brings to the table a collective insight that contributes to sensible, efficient resolutions, and allows us to remain attentive to the cost and time sensitivities that may be involved.

Essential Fund Services LLC, now a part of the JTC platform, provides accounting, reporting and administrative services to investment partnerships, including hedge funds, funds of funds, private equity funds, and their investment managers. The firm’s services allow the investment manager to focus more closely on the investment process knowing that critical administrative functions, normally beyond the investment manager's expertise, are in the hands of skilled, accomplished and seasoned professionals. The firm differentiates itself from its competitors by providing a higher level of service with a "hands-on" approach as compared to forcing all clients into a "one size fits all" system.