A cross discipline team from Cains’ top tier corporate and finance practice has advised Valeas Capital Partners on all Isle of Man legal aspects relating to its agreement to acquire a majority stake in Suntera Global, an independent provider of fund, corporate, trust and private wealth services.
Announced in May, Valeas is committing significant new equity capital to support the expansion of Suntera’s capabilities and footprint globally and power its continued digital transformation. Suntera employs over 500 people across nine tier-one offshore and onshore jurisdictions and the business has an established reputation for excellent client service delivered by a high calibre team of professionals. The transaction is expected to close later in 2025 following the receipt of the requisite regulatory approvals.
The Cains team was led by Scott Leonard-Morgan, Head of Corporate, along with corporate Director Tristan Head, corporate associate Holly McGarrigle and Rhys Westwell. Employment and data protection aspects were led by Head of EDP, Katherine Sheerin, with support from Ruby Roberts.