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Fenwick & West Represents Consortium of Leading Financial Firms in $66M Investment in Symphony Communications Services Holdings

October 01, 2014

Fenwick & West LLP represented a consortium of leading financial institutions in (1) its $66 million capital investment in newly-formed Symphony Communications Services Holdings LLC, a secure communication and workflow technology company, and (2) the concurrent acquisition by Symphony of Perzo Inc. Symphony combines Perzo’s technology with Goldman Sachs’ proprietary enterprise collaboration platform to solve an industry-wide communication challenge by providing a platform for communities of financial services professionals to communicate securely and efficiently using compliant standards and end-to-end encryption.

The consortium includes Goldman Sachs, BofA Merrill Lynch, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, BNY Mellon, Jeffries, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo.

The Fenwick transaction team was led by corporate partner and chair of the Private Equity Practice Scott Joachim; corporate attorneys Kee Kim, Niki Fang, Malcom Katz, Brandy Ellis, Yael Perl and Jordan Roberts; technology transaction attorneys Stephen Gillespie and Andrew Hall; trademark attorneys Sally Abel and Jillian Feinberg; executive compensation attorneys Scott Spector and Adriana Sherwood; employment attorneys Dan McCoy and Dan Obuhanych; and tax attorneys David Forst, Larissa Neumann and Julia Ushakova-Stein.​​