Shearman & Sterling advised CoreOne Technologies Holdings LLC, a portfolio company of Symphony Technology Group, in its acquisition of Transaction Auditing Group and the formation of a new CoreOne division, RegOne Solutions, to provide execution reporting, compliance solutions and trading analysis for brokers, exchanges, ATSs and other industry participants.
CoreOne Technologies develops technology enabled service businesses, delivering powerful solutions to firms operating in capital markets. Headquartered in New York, CoreOne serves over 500 financial institutions throughout its worldwide locations.
Symphony Technology Group Technology Group (STG) is a private equity firm with the strategic vision and capital to transform high-potential companies into definitive market leaders. Founded in 2002, STG has established a global community. Its portfolio reports $2.7 billion in revenue and, collectively, has more than 17,000 employees. With offices in Palo Alto, London and Bangalore, and investment companies dotted around the globe, STG has a vast international customer and channel network that its companies can leverage to access global customer networks and intelligence.
The Shearman & Sterling team was led by M&A counsel Jeffrey Wolf (San Francisco) and included partners Steve Camahort (San Francisco-Mergers & Acquisitions), Larry Crouch (Palo Alto-Tax), and Richard Hsu (Palo Alto-Intellectual Property Transactions); counsel Daniel Stellenberg (Palo Alto-Executive Compensation & Employee Benefits); and associates Christine Huang (San Francisco-Mergers & Acquisitions), Elizabeth Meyer (San Francisco-Mergers & Acquisitions), Ben Petersen (Palo Alto-Intellectual Property Transactions), Regina Park (New York-Executive Compensation & Employee Benefits) and Ryan Bray (Palo Alto-Tax).