Latham & Watkins Advises Charles River Development in $2.6 billion sale to State Street

A Boston-based team led the transaction which will enable the industry's first-ever global interoperable platform.

October 01, 2018

State Street Corporation has announced that it has completed its acquisition of Charles River Systems, Inc. (Charles River Development). The combination of State Street and Charles River Development will enable the industry’s first-ever global interoperable platform connecting the front, middle and back office with one provider. This platform, supported by deep enterprise data management capabilities, will accelerate investment workflows, provide advanced data aggregation, analytics and compliance tools, and connect and exchange data with other industry platforms and providers.
Latham & Watkins represents Charles River Systems, Inc. (Charles River Development) in the matter with a Boston based team led by partners John Chory and Stephen Ranere with associate Stefanie Vincent. Advice was also provided by Washington, D.C. partner David Della Rocca with associate Marysia Mullen on benefits and compensation matters; by Boston partner David Kahn with associate Joseph Curran on tax matters; by Boston partner Sarah Gagan with Los Angeles associate Hui (Jia Jia) Huang on intellectual property matters; by San Francisco partner Karen Silverman, London partner Jonathan Parker with London associate Philipp Gnatzy and Washington, D.C. associate Patrick English on antitrust matters; and by New York partners Alan Avery and Stephen Wink with associate Naim Culhaci on regulatory matters. 

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.