Belfast firm Carson McDowell has advised a provider of cloud-enabled managed services to global capital markets on a significant investment by a New York-based private equity firm.

The firm was chosen to advise the shareholders of Options Technology Limited in relation to the nearly $100 million investment in the company by Bregal Sagemount.

Neasa Quigley, partner and joint head of department of the firm’s corporate team joined Rachel McAllister and Le-ann Campbell in advising on the transaction, with assistance from Rachel Penny and Leona Rankin in the employment team.

Ms Quigley said: “Carson McDowell was delighted to act for the owners of Options Technology on this significant transaction, with US private equity fund Bregal Sagemount, to achieve a very positive outcome.

“The multi-million pound investment will facilitate Options Technology’s exciting growth plans for the global financial services sector. This transaction serves as an endorsement of Carson McDowell’s international capabilities.

“We congratulate Danny Moore and the founders of Options Technology on the deal and look forward to working with the business as it achieves further success in future.”

Danny Moore, COO at Options Technology, said: “We’ve worked with Neasa Quigley and the team at Carson McDowell for a number of years. The decision to work with a local Belfast based firm in a global M&A transaction was one we put a lot of thought into. Carson McDowell didn’t let us down, they were a fantastic partner in the process.”