BV Investment Partners Sells Butterfield Fulcrum
In 2011, BV partnered with two industry executives and made the largest investment from their Fund VII in Butterfield Fulcrum. Since then, BV has instituted a renewed focus on client service, launched technology-enabled products, and overhauled Butterfield’s software and IT development capabilities. The company also initiated an active sales outreach effort that resulted in significant new business from both existing and new clients.
The Ropes & Gray team advising BV included private equity partners Todd Boes and Neill Jakobe, tax partner Elaine Murphy, and senior career tax associate Sara Clevering.