The M&A Advisor recognized Goodwin Procter with its 2013 Financial Services Deal of the Year (over $200 million) award from for its work advising MphasiS Ltd. in its all-cash acquisition of Digital Risk.
“The award winners represent the best of the M&A industry in 2013 and earned these honors by standing out in a group of very impressive finalists,” said Roger Aguinaldo, CEO of The M&A Advisor. “From lower middle market to multi-billion dollar deals, we are recognizing the leading transactions, firms and individuals that represent the highest levels of performance.”
MphasiS Ltd. is a leading IT services company based in Bangalore, India. Digital Risk is one of the United States’ largest independent providers of mortgage risk, compliance and transaction management solutions. Majority-owned by Hewlett Packard, MphasiS expects the acquisition will support its “hyper-specialization” strategy, adding more than 1,500 highly trained risk and compliance specialists. Avendus Capital was the exclusive financial adviser to MphasiS
The Goodwin team that advised MphasiS on this transaction was led by Yash Rana and Jane Greyf, and included partners Janet Andolina, Stephen Charkoudian, Albert Solecki, Scott Webster and Michael Whalen.