Dechert Advises Estancia Capital Partners on Cross-Border Investment in Flagstone, a Leading UK Cash Deposit Platform

March 26, 2024

Dechert is advising Estancia Capital Partners, a U.S. financial services specialist private equity firm with deep expertise in the cash management market, on its £108 million cross-border minority investment in Flagstone, a fintech company based in London that is a leading UK cash savings platform. Serving a customer base of more than 600,000, Flagstone’s total assets under administration exceed £11 billion. The transaction is expected to close in Q2 2024 after receipt of necessary regulatory approvals.

The Dechert team advising Estancia Capital Partners comprises both U.S. and UK lawyers and includes corporate partners Ken Young, Sam Whittaker and Steve Pratt, with associates Rose Limaye and Gurbir Sandhu.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our 1,000+ lawyers across 21 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.

Subscribe to Dechert Updates