Berwin Leighton Paisner advises Capmark on disposition of servicing platform to Capita

Berwin Leighton Paisner LLP (BLP) acted for Capmark Financial Group Inc. on the disposal of its European loan administration, asset management administration and commercial mortgage backed securities (CMBS) administration services business to Capita Group Plc (‘Capita’).

The acquired companies are Capmark Services Ireland Limited, Capmark Services UK Limited and Capmark Asset Management GmbH. The companies provide administrative services for CMBS securitisations, commercial mortgages, commercial property loans and asset managers from offices based in the UK, Ireland and Germany.

The BLP team was led by Banking & Capital Markets partner Jayne Black and Corporate Finance partner Rob Salter assisted by Corporate Tax partner Charles Goddard, Corporate Finance partner Adam Bogdanor and associates Usman Wahid, James Downey, Manu Chopra, Jo Stern and Jo Lifton as well as trainees Claire Wells and Ruth Whorton.

Capita was advised by Eversheds.

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