Hawkpoint Partners, the UK corporate finance house, has helped DBS Management, the UK financial advisers networking group, secure a £75m (€122m) cash purchase from Misys, a 170% premium on DBS' share price prior to announcement of deal talks.

Misys, the UK software developer advised by Dresdner Kleinwort Wasserstein, has offered one of the largest premiums seen in any merger or acquisition to take over DBS. Misys is offering 150p in cash for each DBS share, together with a loan note alternative. DBS shares were trading at 55.5p on May 9, the day before it first said it was in talks with unnamed companies.