Orrick, Herrington & Sutcliffe LLP is advising NASDAQ-listed Pactera Technology International Ltd. (“Pactera”), a global consulting and technology services provider headquartered in China, in its $625 million acquisition by a consortium led by Blackstone Group L.P.
Paul Hastings advised Astorg Partners in connection with the sale of OGF, a French leader in funeral services, to funds managed by Pamplona Capital Management, an investment company. This transaction was the second-largest LBO acquisition in France in 2013.
K&L Gates LLP has advised Carlyle Europe Technology Partners II, L.P., a fund controlled by The Carlyle Group (NASDAQ: CG), on its sale of P&I Personal & Informatik AG (XTRA: PUI) to HgCapital. Based in Wiesbaden, P&I AG is a premium developer and vendor of integrated software solutions for HR management, employing 360 staff in six locations in Germany and seven locations in Europe.
Baker & McKenzie has advised several sellers, Horizon Capital and East Capital, on the sale of majority stake in Pt Platinum Public Limited, a holding company of Platinum Bank Ukraine, to a group of financial investors, including European Infrastructure Investment Company. The financial terms of the transaction have not been disclosed.
Shearman & Sterling represented GXS Group, a Francisco Partners portfolio company, in its sale to Open Text Corporation in a transaction valued at $1.165 billion. The transaction, subject to customary closing conditions, is expected to close within 90 days.
GXS is a leading B2B Integration Services provider servicing over 550,000 trading partners worldwide. GXS is privately held, headquartered in Gaithersburg, Maryland, has approximately 2,900 employees and reported Fiscal Year 2012 revenues of $487 million. Its customer base includes 50 percent of the Forbes Global 1000.
Cadwalader, Wickersham & Taft LLP has advised Elan Corporation, plc on the completion of its sale to Perrigo Company plc. Perrigo has completed the acquisition of Elan in a cash and stock transaction valued on the date of the announcement at approximately US$8.6 billion. In connection with the acquisition, Perrigo and Elan have been combined under a new company incorporated in Ireland and have adopted the global name Perrigo Company plc.
White & Case LLP has represented Finnish games company Supercell Oy on the strategic investment by SoftBank, a Japanese telecoms and internet company, and GungHo Online Entertainment, a Japanese games company, for a total of US$1.53 billion for a 51% interest in the company.
Norton Rose Fulbright has advised Royal Greenland Seafood A/S on the sale of its fish processing facility in Wilhelmshaven, Germany, to two Singaporean companies, Sahara Investment Group Pte. Ltd. and Meridian Investment Group Pte. Ltd. The companies have agreed to jointly acquire the entire issued share capital of Royal Greenland Seafood GmbH. Prior to the completion, Royal Greenland transferred the lumpfish roe activities in Cuxhaven, Germany and new zip-lock/chain-pack production to other business units, as these activities are being retained.
Mills & Reeve acted for the shareholders of plastic packaging manufacturer Maynard & Harris Group Limited, including funds advised by Caird Capital LLP and management, on the sale of the company to RPC Group PLC for an expected total deal value of £103.5 million.
Olswang has advised the shareholders of Context Information Security (ContextIS), a leading provider of specialist technical consultancy services in the cyber security market, on the sale of the company for £32m to Babcock International Group PLC, a leading UK engineering support services company.