Lowenstein Sandler represented Abacus Group, a leading financial services-focused IT managed services provider (“MSP") specializing in hedge fund, private equity, venture capital and family office clients, in a strategic investment by FFL Partners, a private equity firm focused on growth investments in tech-enabled business services and healthcare companies. Terms of the private transaction were not disclosed.
The deal team consisted of Anthony O. Pergola, Brendan J. Koeth, Julie Levinson Werner, and Rachel Ingwer.
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Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.