Sidley advised TowerBrook Capital Partners L.P. (TCP) and KKR Credit Advisors (US) LLC on their acquisition of a minority stake in OVH Groupe SAS (OVH), a leading provider of cloud infrastructure, telecommunications and web hosting services. The €250 million in growth capital provided by TowerBrook and KKR will allow OVH to take advantage of the rapidly expanding market for cloud and internet infrastructure services, while also broadening its customer base and services in new geographies.

The London based Sidley Private Equity team included partners Erik Dahl, Christian Iwasko, Sava Savov, Oliver Currall and Bryan Robson and associates Michelle Tong, Garrett Holmes, Priya Rupal, Rajal Patel, Jason Pegnall and William Gwyn. The team also included London partner Patrick Harrison and associate Kyle Le Croy (Competition) and Washington, D.C. partner Colleen Theresa Brown (Privacy and Data Security).