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M&A: Acquiror's Counsel

Davis Polk Advises a GO Scale Capital Investor Consortium on Its Acquisition of an 80.1% Interest in Lumileds from Philips

10 Apr 2015

Davis Polk is advising a GO Scale Capital-led consortium on its acquisition of an 80.1% interest in Philips’ combined LED components and Automotive lighting business. The transaction values the business at an enterprise value of approximately $3.3 billion. The transaction is expected to be completed in the third quarter of 2015, subject to closing conditions, including customary regulatory approvals.

Osborne Clarke acts for eCLERX in the acquisition of CLX Europe

08 Apr 2015

Osborne Clarke acted for eClerx Services Limited ("eClerx"), listed on the Bombay stock exchange and the National stock exchange, of India in the signature of contracts for the acquisition of 100% of the share capital of CLX Europe S.p.A. (“CLX”) with an enterprise value of € 25 million.

eClerx is a leader in the provision of Knowledge e Business Process Outsourcing (KPO/BPO) services, and is based in Mumbai with offices in Austin, Chandigarh, Dublin, London, New York, Philadelphia, Pune, San Francisco and Singapore

White & Case Advises Summit Partners on Acquisition of Majority Stake in DentalPro

07 Apr 2015

White & Case LLP has advised Summit Partners LLP on its acquisition of a majority stake in DentalPro.

Summit Partners is a growth equity firm, founded in 1984, that has raised more than US$16 billion in capital and invested in more than 400 companies in the healthcare, technology and other growth sectors. Founded in 2010, DentalPro is a network of 30 Italian dental clinics located primarily in shopping malls.

Gide, counsel to FEV GmbH on the acquisition of D2T

07 Apr 2015

Gide has advised German company FEV GmbH on its acquisition of D2T, its subsidiaries in Germany, China and the U.S., as well as its interests in South Korea and Japan, from IFP Investissements part of the group IFP Energies nouvelles (IFPEN), a public-sector research, innovation and training center active in the fields of energy, transport and the environment. D2T is a test systems and engineering service provider for engines and powertrains, employing over 450 people worldwide.

The team comprised M&A partner Karl Hepp de Sevelinges and Aménis Bererhi.

Osborne Clarke advises RWE npower on its acquisition of RUMM

07 Apr 2015

Osborne Clarke has advised RWE npower, part of the RWE Group, on its acquisition of specialist energy management company RUMM.

RWE npower is a major UK energy company which serves around 5.4 million residential and business customers with electricity, gas and energy services. RUMM uses the latest innovations in cloud-based data analytics to help businesses monitor and control their energy in real time. RWE npower estimates its roll out of RUMM's services could save British businesses up to £4bn per year on energy.

Taylor Wessing advises Access Technology Group on acquisition of Changeworknow

02 Apr 2015

Taylor Wessing has acted for Access Technology Group, a leading author of fully integrated business management software, on its acquisition of Changeworknow, the leading provider of cloud-based HR applicant tracking and talent engagement solutions.

Access will be offering Changeworknow as both a standalone solution and as an integrated platform within its popular HR solution, SelectHR. As part of an integrated solution, Changeworknow will be offered as a premium recruitment module for customers who are looking for a best-of-breed applicant tracking system.

HWL Ebsworth advises Allegro Funds on Great Southern Rail acquisition

02 Apr 2015

A team from HWL Ebsworth Lawyers is advising Allegro Funds, an Australian private equity house and fund manager, on its purchase of Great Southern Rail from Serco Group plc, a British listed business services company.

Jamie Restas, National Head of the HWL Ebsworth's Commercial Group, is leading the legal team advising Allegro Funds on the acquisition.  He is being assisted by Banking and Finance Partner Peter Staniszewski, and Commercial Special Counsel Niomi Abeywardena and Samantha Reidy.

Gide advises Limagrain / Vilmorin & Cie on the acquisition of Tropdicorp

01 Apr 2015

Gide has advised Limagrain / Vilmorin & Cie on the acquisition of Vietnamese corporation Tropdicorp, one of the three Vietnamese companies that together cover half of the local market.

Vilmorin & Cie is the fourth largest seed company in the world and is part of Limagrain, an international agricultural co-operative group specialised in seeds, vegetable seeds and cereal products.

Macfarlanes advises Slater and Gordon on acquisition of Quindell’s professional services division

01 Apr 2015

Macfarlanes has advised Slater and Gordon on its acquisition of Quindell plc’s professional services division for upfront consideration of £637m and an earnout based on the performance of the legacy noise induced hearing loss cases of the business.

The acquisition is conditional on a majority vote by Quindell’s shareholders, scheduled for 16 April, and customary regulatory approvals.