Wallace advises JJC FinTech on its acquisition by Bain & Company

Wallace advised JJC FinTech, London-based financial services consulting and technology firm, on its sale to Bain & Company.

JJC FinTech specialises in financial services and technology consulting with deep industry knowledge and experience of client lifecycle management, anti-money laundering transformation and regulatory compliance. Bain & Company is a leading global management consulting firm advising leaders across all industries.

Wallace advised JJC FinTech on the sale with a team led by John Woodhouse and Ilya Alexandrov, supported by Alexandra Nicholls. Sarah Friend provided tax structuring advice.

The deal strengthens Bain’s financial services practices, enhancing Bain’s ability to support global financial institutions seeking scalable, digitised and customer-centric compliance solutions.

Ilya Alexandrov, Senior Associate in the Corporate team at Wallace, commented: “We’re delighted to support JJC FinTech on the sale of its business to Bain and provide legal advice for this ambitious fintech consultancy. The transaction underlines the team’s deep expertise in the consultancy and technology sectors and our M&A capabilities.”

Jon May and Jon Wilson of JJC FinTech commented: “We should start by saying that Ilya, Alex, Sarah and of course John have been invaluable partners to date and we enjoy working with them. We wouldn't be where we are now without their rigour and hard work. The Wallace team has been outstanding and we really appreciate the effort they all put into getting the deal done.”