Mintz Represented Charlesbank Capital Partners in its Investment in Solve Advisors, a SAAS-Based Database Tool for Financial Services Companies
Boston, MA – Mintz advised Charlesbank Technology Opportunities Fund, a fund managed by Charlesbank Capital Partners (“Charlesbank”), in its investment of over $80 million in Solve Advisors (“Solve, or the “Company”), the global industry leader of pre-trade price transparency data in fixed income markets.
Charlesbank is a middle-market private investment firm with significant experience in helping grow technology companies. Its capital infusion will allow Solve Advisors to accelerate the expansion of its innovative data aggregation and analytics platform for fixed income market participants as well as expand its go-to-market and operations efforts globally.
“We look forward to working with Solve Advisors and its outstanding leadership team to accelerate growth of their foundational solution, SolveQuotes, and to develop new groundbreaking datasets and solutions,” said Darren Battistoni, Managing Director at Charlesbank. “Expanding on the world’s largest dataset of observable fixed income pricing will allow us to serve the market in ever more meaningful ways.”
The Mintz team that advised Charlesbank was led by Member Matthew T. Simpson and included Associates Jon Taylor and Alexis Soares.
Mintz is an internationally recognized, multidisciplinary law firm with 550+ attorneys serving clients worldwide. Our Private Equity / Mergers & Acquisitions Practice includes 100+ professionals from many different legal areas who focus on executing transactions that meet our clients’ wide-ranging legal, business, and operational goals. Singled out by BTI Consulting Group as one of 32 “Deft Dealmaker” firms for 2022, Mintz develops winning transaction strategies for deals of virtually every size and type, including strategic acquisitions and divestitures, private equity platform and roll-up acquisitions and exits, spin-offs, joint ventures, asset and IP acquisitions, distressed sale transactions, complex earn-out and contingent value rights transactions, tender offers, and going private transactions and recapitalizations.
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