Latham & Watkins Advises The Carlyle Group on the Sale of ADT Caps to SK Telecom and MIRA for KRW 2,970 Billion
US$2.76 billion deal is among the largest private equity exits in South Korea.
US$2.76 billion deal is among the largest private equity exits in South Korea.
Orrick advised the shareholders of PatentSight GmbH on the purchase of all shares by British multinational RELX Group.
Headquartered in Bonn, Germany, PatentSight GmbH has developed an internationally renowned and cutting-edge analytics platform for strategic IP management. Its “Patent Asset Index” has been designed to provide an accurate view of the impact and efficiency of an enterprise’s investment in innovation.
Leading commercial law firm Hill Dickinson has acted for the management team of major servicing solutions provider JLA on its sale from Hg, the manager of HgCapital Trust, to international private equity house Cinven.
JLA, headquartered in Ripponden, West Yorkshire, was founded in 1973 and currently works with more than 25,000 SME customers. It provides services in the commercial laundry, catering, heating and fire safety markets, and employs 900 staff, including around 300 engineers.
Wolf Theiss has advised the shareholders of lifebrain AG (“lifebrain”), a leading Italian laboratory diagnostics services operator, in the cross-border sale of its shares to an investment subsidiary of Investindustrial VI L.P. (“Investindustrial”) as international lead counsel.
A team led by Dr. Kai Bandilla and Dr. Stefan Duhnkrack, both partners at the Hamburg office, advised Hesse-based WV Energie AG and Stadtwerke Bad Vilbel on the sale of project company KNK Wind GmbH for the planned Arcadis Ost 1wind farm in the Baltic Sea. The buyer is Belgian project developer and offshore wind farm operator Parkwind. The reason for the transaction was the contract awarded for the Arcadis Ost 1 project at the second German offshore wind auction.
Slaughter and May is advising Daily Mail and General Trust plc, the largest shareholder of ZPG plc, on the recommended cash acquisition of the entire issued and to be issued ordinary share capital of ZPG plc by a wholly-owned indirect subsidiary of funds managed by Silver Lake Management Company V, LLC. The transaction was announced on 11 May 2018.
Eversheds Sutherland Ireland were delighted to act for the owners of the Rilta/ClearCircle group in respect of the conditional sale of the ultimate ownership of the companies to Enva, backed by Exponent Private Equity. The transaction is subject to CCPC approval.
Our work in this transaction built upon our work in advising the owners as part of their successful MBO team leading to the acquisition of a majority interest by them in the ClearCircle/Rilta operating companies from One51 Group plc which completed in April 2017.
Kirkland & Ellis is advising Ontario Teachers’ Pension Plan (OTPP) on the sale of its majority stake in Helly Hansen, the Oslo-based global leader in sports and workwear, to Canadian Tire Corporation, Limited (TSX:CTC) for C$985 million (US$770 million). OTPP acquired Helly Hansen in 2012 and worked alongside the company to expand into 40 countries and provide apparel to over 50,000 ski professionals.
Kirkland & Ellis International LLP is advising New Mountain Capital on its sale of talent acquisition and management company Alexander Mann Solutions to OMERS Private Equity for an enterprise value of £820 million (US$1.1 billion). Headquartered in London, Alexander Mann Solutions employs 4,000 people and delivers services to over 100 clients in 85 countries. The transaction was announced on May 10, 2018.
The Kirkland team, in London, was led by corporate partner David Arnold and associate Andrew Gray.
International legal practice Osborne Clarke has advised the shareholders of leading orthopaedic company, Corin, on the majority stake acquisition by global investment firm Permira.
Following five years of outstanding growth, Corin is one of the fastest growing orthopaedic firms. The substantial investment is expected to fuel the next stage of Corin’s development. Chief Executive Stefano Alfonsi and the management team will continue to lead Corin and will remain significant investors in the Company alongside the Permira funds.