Philip E. Ruben
Andrew J. Sannes
Arnstein & Lehr Chicago Partner Philip Ruben and Associate Andrew Sannes, members of the Mergers & Acquisitions Practice Group, successfully represented the founders and sole shareholders of The Weiland Financial Group, Inc. (“WFG”) in connection with their sale of 100% equity of WFG to Open Solutions Inc., a leading provider of integrated enabling technologies for financial service providers throughout the United States, Canada and other international markets. WFG is the leading provider of bank account management and analysis solutions for corporations and financial institutions. Used by banks and corporate treasury departments, WFG’s software suites allow customers to process, generate, and analyze electronic and paper account analysis billing statements for maximum revenue impact. WFG plans to continue to offer and support its solutions on a stand-alone basis. Additionally, Open Solutions plans to integrate WFG’s products into its own offerings for enhanced client value. Mr. Ruben and Mr. Sannes continue to represent the sellers, personally and in their capacity as employees of the buyer and have been requested to continue to represent the acquired WFG.