Advising on the sale of JCRA group to Chatham Financial

We have advised independent financial risk advisory firm, JCRA Group, on its sale to global risk management enterprise, Chatham Financial.

JCRA and Chatham both specialise in providing debt and derivatives solutions to clients across a range of sectors, including commercial real estate, private equity, infrastructure, financial institutions, and corporate.

Collectively each year, JCRA and Chatham serve over 3,000 clients and advise on more than 20,000 transactions, with an estimated value of more than US$700bn.

The sale of JCRA will significantly develop the firm’s presence in Europe and will strengthen its pre-eminent position in the global hedging and financial risk space. Together, JCRA and Chatham will become leading industry experts providing their clients with all the data, tools and advice they need to manage financial risk.

Sarah Souter, a senior associate for Gateley Legal’s Corporate team in Reading, led on the deal. She was supported by Birmingham-based partner and head of the Corporate team, Tom Durrant, and Corporate solicitor in Reading, Laurel Knight.

Sarah Souter commented: “We’re pleased to complete this deal for JCRA and have a long-standing relationship with the business. The sale of JCRA will provide a number of opportunities for them and will be hugely advantageous for Chatham. We look forward to seeing the business go from strength to strength following this acquisition.”

Jackie Bowie, chief executive officer of JCRA, said: “We’re enthusiastic about the future, The combined team’s knowledge of the European markets, now supported by Chatham’s leading technology platform, will raise the bar for what clients expect when transacting in the debt and derivative markets.

“The team at Gateley Legal have been excellent in guiding us through this process and providing cultivated advice. We are grateful for their support and very excited for this new chapter.”