Hahn Loeser Advises on KFin Technologies’ Recent Acquisition

Christopher S.W. Blake, Molly Z. Brown

Hahn Loeser Partners Christopher S.W. Blake and Molly Z. Brown acted as U.S. counsel as part of KFin Technologies Ltd.’s recent acquisition of a majority stake in Ascent Fund Services for $34.7 million.  The transaction spanned 18 jurisdictions and Hahn Loeser conducted diligence and advised the client and its transaction team on U.S. issues and purchase agreement-related provisions. 

Ascent is a rapidly growing global fund administrator with $24 billion in assets managed worldwide. KFin is a listed Indian company. International law firm Stephenson Harwood was the lead M&A firm on the transaction.  Hahn Loeser has worked with Stephenson Harwood on several transactions. For an overview of the transaction, please click here.