Nutter Represents Redi2 Technologies, Inc. in Its Acquisition by EnvestnetPrint PDF
Nutter served as legal counsel to Redi2 Technologies, Inc., a leading provider of revenue management and hosted fee-billing solutions in the global financial services industry, in connection with its acquisition by Envestnet. The legal team was led by Michael Kushnir in the Corporate and Transactions Department and included Alexandra Slavet, Portia Keady, and AJ Santaniello on corporate matters; Tracy Vitols on employee benefits matters; and Michael Mooney and Erin Cicchetti on tax matters.
The deal creates more connections across the Envestnet financial wellness ecosystem for asset managers, wealth managers, and registered investment advisors (RIAs). Redi2’s platform enables fee calculation, invoice creation, payouts and accounting, and billing compliance. Its cloud-based, single-sign-on product portfolio includes providing client revenue accounting and billing services for asset managers; delivering multi-party billing and payouts for broker-dealers and turnkey asset management programs (TAMPs); and offering advisory billing and invoicing, including fee-splitting and flexible billing setup functionalities, for financial advisors. Read more about the transaction.
Nutter’s Corporate and Transactions Department represents domestic and international corporations, publicly traded and privately-held companies, private equity firms, nonprofit institutions, and family-owned businesses in a wide variety of domestic and cross-border transactions. The firm’s attorneys advise on significant transactions in every major industry sector, including manufacturing, high technology, life sciences, banking, professional services, real estate, energy, medical devices, and health care. Nutter’s corporate law practice handles the full range of M&A and private equity transactions, including representing buyers and sellers in auctions and bid processes, mergers, asset sales, stock purchases, leveraged buyouts, roll-ups, joint ventures, PIPEs, going private transactions, exchanges of securities, friendly and hostile tender offers, and proxy contests.
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates practices are national in scope. The firm was co-founded in 1879 by former U.S. Supreme Court Justice Louis D. Brandeis, before his appointment to the Court. For more information, please visit www.nutter.com and follow the firm on LinkedIn.