Withers advises risk management firm Acin on sale to CUBE

International law firm Withers has represented the founder and key management team, as well as certain other shareholders, of risk management platform Acin on its sale to CUBE, an international automated regulatory intelligence and regulatory change management business.

Acin has been providing AI-based operational risk management services to firms in the financial services sector since 2018. As a new part of CUBE's business structure, Acin's capabilities will help the firm to provide an industry-first data driven end-to-end regulatory compliance and risk management platform.

Phil Robinson, lead Withers partner on the transaction comments: "We're delighted to have been a part of this transformational deal for Acin, Paul and the management team. The transaction allowed us to showcase our unique ability to combine both corporate M&A advice with sophisticated personal tax counsel to ensure that we arrived at the best outcome for our clients. We look forward to seeing Acin thrive as part of CUBE's business."

Paul Ford, CEO and founder of Acin, comments: "The sale of Acin to CUBE was highly complex and Withers executed it flawlessly - both for the company and in advising me personally on the transaction. It simply would not have been completed without them. I have been a client for over 10 years and Withers are the most professional advisory firm I have ever worked with."

The Withers team, alongside Phil, included corporate partner Paul McGrath and associates Yeji Lee and Fai Tai, tax partners Ceri Vokes and Rachel Hawkins and associate Francesco Palma, and employment partner Libby Payne.