Ashurst is advising Wells Fargo Securities and PJT Partners, who are acting as joint financial advisers to Verizon, the US communications company, on its recommended cash offer for Fleetmatics Group plc, a leading global provider of mobile workforce management solutions. Under the terms of the agreement Verizon will pay $60 a share for the company, valuing the offer at approximately US$2.4 billion.
We have advised AIM quoted Eckoh plc on their acquisition of customer engagement specialists Klick2Contact.
Klick2Contact specialises in live web help and omni-channel customer engagement services and since being founded in 2011 has built up a client base across 15 countries, with customers that include BMW, Topshop, Next, Volkswagen and UKMail. Chief executive, Graham Pollard, will remain with the business.
MUNICH (July 29, 2016) – Global law firm Reed Smith has advised Life Fitness and its parent company Brunswick Corporation (NYSE: BC) on the acquisition of Indoor Cycling Group (ICG), a manufacturer and worldwide known specialist for indoor cycling equipment. The acquisition will provide a cornerstone to expand Brunswick’s/Life Fitness’ group exercise segment.
Dechert LLP advised Orange, one of the world’s leading telecommunications operators, together with its Senegal-based partner Sonatel, in the closing of the acquisition of 100% of the mobile operator Airtel in Sierra Leone. Since the signature of an agreement with Bharti Airtel International (Netherlands) BV (“Airtel”) in January 2016, Orange has satisfied the conditions necessary to complete this transaction.
NautaDutilh assists Coopération Pharmaceutique Française S.A.S. (Cooper) with the acquisition of the Vemedia Group from funds managed and advised by IK Investment Partners.
The combination of Vemedia and Cooper will create a European market leader in the OTC drugs sector. The two businesses are complementary and will be well positioned to lead the further consolidation of the European OTC drugs industry.
Gowling WLG's Corporate team, led by partner Ian Piggin, has advised client STAR Capital Partners (STAR) on its acquisition of Synergy Health Management Services Limited (SHMS) from Synergy Health (UK) Limited.
SHMS provides a range of sterile linen and laundry management services to hospitals and other healthcare providers throughout the UK including NHS Trusts, private hospitals, ambulance Trusts and healthcare and community Trusts.
Eversheds acted as a legal advisor for StaffPoint Ltd. in a transaction in which the Finnish business operations of Proffice Group, part of global Randstad Group, were transferred to StaffPoint.
The transaction involves transferring the business operations of Proffice Finland in Helsinki and Tampere as of 1 September 2016.
StaffPoint is one of the largest personnel services companies in Finland. The company produces personnel and recruitment services, training services and HR software for companies. (www.staffpoint.fi)
Linklaters has advised leading private equity firm, BC Partners, on its acquisition of a majority stake in the Keter Group from it’s founders, the Sagol family. The deal signed on 28 July 2016.
Spadina House AG acquires all shares in SkyVision Global Networks Ltd., a global IP telecommunication service provider which offers solutions over satellite and fibre optic systems. The acquisition supplements Spadina's portfolio in satellite communication providers. The transaction was highly complex and involved multiple global jurisdictions and telecommunication licensing regimes.