Browne Jacobson advises Clearwater UK on acquisition by US institutional bank KeyCorp
UK and Ireland law firm Browne Jacobson has acted for Clearwater Corporate Finance (Clearwater UK) on its acquisition by KeyCorp, a leading regional US bank, marking KeyCorp's entry into the Western European market.
Clearwater UK focuses on providing corporate finance advisory services for mid-market transactions. The company has offices in Birmingham, London, Leeds and Manchester.
The combined platform will offer US-based private equity sponsors and corporate clients access to European acquisition targets and exit strategies, while providing European institutional clients with access to the US M&A market.
The deal reflects Browne Jacobson's strength in advising on international transactions; the firm recently ranked in the top ten for deal count in the latest Mergermarket rankings in the UK. The full-service team combined its expertise in professional services M&A with its experience in navigating complex international deals and regulatory processes.
The Browne Jacobson team advising on the transaction included Corporate Partners Gavin Cummings and Matt Dorman, Tax Partners Andrew Noble and Craig Thomas, Corporate Associates Alys Bratch (Associate) and Rob Northall (Senior Associate), and Employment Legal Director Maz Danourah.
Gavin said: "The partners at Clearwater UK founded and developed an exceptional corporate finance firm, and I am proud of both our long association with the firm and being trusted to deliver this strategic transaction for them.
“Our team works regularly with mid-market professional services businesses and understands the regulatory landscape, the sensitivities involved and what it takes to get complex, international transactions over the line."
Recent international deals include advising on a French PE-backed acquisition of a leading UK apprenticeship provider, Eureka Education, and advising Rcapital on the sale of Surface Technology to a Sweden-headquartered firm.
Contact
Felicity Spencer-Smith
PR & Communications Manager
felicity.spencer-smith@brownejacobson.com
+44 (0)3300451376
You may be interested in...
Browne Jacobson advises Clearwater UK on acquisition by US institutional bank KeyCorp
Browne Jacobson advises Broadfield Capital on platform investment in Charlton Baker
Browne Jacobson advises Camfaud Group on its strategic acquisition of Templant Hire
Browne Jacobson advises on sale of Clearway Drainage Systems to pan-European infrastructure group
Browne Jacobson advises on French PE-backed acquisition of leading UK apprenticeship provider
Huel bought by Danone: Comment from M&A lawyer
Browne Jacobson advises Medina Groups on sale of care homes to Fortava Healthcare
Browne Jacobson advises Rcapital on sale of Surface Technology International to Swedish-listed NOTE
Browne Jacobson advises shareholders on £15m BGF investment into Seda Pharma Development Services
Life sciences in Wales: Why 2026 could be a breakthrough year
Browne Jacobson advises Phenna Group on international deal marking seventh acquisition of 2026
Distressed purchases in social care: Key pitfalls and what does success look like?
Browne Jacobson M&A and PE Partner Sandra Wong named in The Lawyer Hot 100
Browne Jacobson advises Acre Platforms Limited on sale of leading mortgage technology platform to ClearScore Group
Browne Jacobson advises on sale of Advanced Gas Systems to Swedish manufacturing Group
M&A trends in the beverage industry: A tough shot to take?
Investing in wellness: Deal activity in the UK's health-conscious market
Food and drink M&A trends: High-protein products
Browne Jacobson advises on dual sale to Triton-backed Tendra Technical Services platform
Browne Jacobson advises Pioneer Group on its sale to European tech leader TRISON
Browne Jacobson advises on sale of MC Refrigeration to Nordic Climate Group in inward investment
Browne Jacobson advises Rcapital on sale of aerospace and defence firm Nasmyth Group
Browne Jacobson advises on sale of CF Social Work to Keys Group in key deal for children’s services sector
Browne Jacobson corporate health partner recognised as ‘one to watch’ at national industry awards
Browne Jacobson advises Phenna Group as it expands its presence in Ireland
Browne Jacobson advises on sale of Transvac Systems to NYSE-listed Ingersoll Rand
Browne Jacobson secures triple win at East Midlands Rainmakers Awards 2025
Browne Jacobson advises Obsequio Group on investment by Warren Equity Partners
Browne Jacobson advises Monterro-backed Milient Software AS on its acquisition of UK-based Rapport3
Browne Jacobson advises Broadfield Capital on maiden investment in HVAC services business
Browne Jacobson advises Modella Capital on its acquisition of Claire’s
Browne Jacobson advises Hawkswell Kilvington on its transaction with Beyond Law Group
Browne Jacobson comments on Irish Budget
Strategic forecast: M&A activity set to surge amid looming patent cliffs
Browne Jacobson advises The Edwin Group on acquisition of SEND staffing specialist Axcis Education
Browne Jacobson advises Homes England on landmark Liverpool regeneration project
Browne Jacobson advises on Aliter Capital's investment in London law firm
Browne Jacobson advises LDC on investment in plant-based food specialist Bespoke Kitchen Foods
Browne Jacobson advises global door hardware specialist UAP Group on its sale to Allegion
