China Parenting Network Holdings Limited (“ci123.com”, 01736.HK ) transferred successfully from the Growth Enterprise Market (GEM) to the Main Board of the Hong Kong Stock Exchange (HKEx). On July 8, 2015, ci123.com launched its IPO by way of placing on the GEM of HKEx, and formally applied for transfer of listing from the GEM to the Main Board on March 30, 2017.
Kirkland & Ellis LLP advised Crimson Hexagon, an AI-powered consumer insights company, on its merger agreement with Brandwatch, the world's enterprise social intelligence leader. The merger creates a c. $100 million annual recurring revenue business that will move forward as Brandwatch. Financial terms of the transaction were not disclosed. The merger is expected to close in the fourth quarter of 2018.
Orrick has advised EQT portfolio company United Digital Group (UDG) on the sale of its media and performance marketing division to Omnicom Media Group Germany.
UDG is one of the leading digital communications agencies in Germany. Omnicom Media Group Germany is the German media holding company of NYSE-listed Omnicom, a leading global communications, advertising and marketing services group.
The Orrick team advising UDG was led by M&A and private equity partner Thomas Schmid, who previously advised EQT on its acquisition of UDG in 2011.
Ashurst advised SYNNEX on European aspects of its US$2.2 billion acquisition of Convergys, which closed on October 5th. Convergys will be integrated with SYNNEX' subsidiary Concentrix, to create the second largest customer engagement services company in the world, with revenues of US$4.7 billion and 225,000 employees.
King & Wood Mallesons (KWM) advised OPUS Group Limited (OPUS Group) on its move from the Australian Securities Exchange (ASX) through a first-of-its-kind scheme of arrangement and listing on the Main Board of The Stock Exchange of Hong Kong (HKEX) of its newly incorporated Bermudan holding entity, Left Field Printing Group Limited (Left Field Printing, HKEX Stock Code: 1540).
San Diego – Paul Hastings LLP, a leading global law firm, announced today that the firm represented Teleperformance SE, the worldwide leader in outsourced omnichannel customer experience management, in the completion of its acquisition of Intelenet, a major global provider of high-end omnichannel customer experience management, back-office, human resources and financial and administration services from Blackstone (NYSE: BX) for a total consideration of $1 billion (enterprise value).
Burges Salmon has advised Octopus on its funding of a fleet of new zero emission vehicles to be rolled out at Heathrow Airport later this year.
Burges Salmon has advised its long-standing client Octopus Group on its funding of new zero emission Jaguar I-PACE vehicles at Heathrow Airport, enabling their rollout later this year as part of the airport’s commitment to reduce emissions.
The deal is part of Upland Software's strategy to enhance its existing commitment to developing customer engagement solutions.
The Gowling WLG team was led by Davey Brennan and included Sue Johnston, Stephen Bowman, Samantha Holland, Nicola Caton and Tom Rank.
San Francisco – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Saba Software, a portfolio company of Vector Capital, in its execution of a definitive agreement to acquire Lumesse, a leading provider of talent acquisition, talent management and learning experience technology in Europe.
Davis Polk advised Arco Platform Limited in connection with its SEC-registered initial public offering of an aggregate of 12,777,777 Class A common shares, at a price per Class A common share of $17.50 (including the full exercise of the underwriters' overallotment option). The initial public offering raised gross proceeds of $223.6 million. The Class A common shares are listed on the NASDAQ Global Select Market under the symbol "ARCE."