De Brauw advised Emerson Electric Co. in the acquisition of Paradigm.

Nature of transaction
Emerson has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry, for a purchase price of $510 million. Paradigm’s technology offerings will enable Emerson to better help oil and gas operators increase efficiency, reduce costs and improve return on investment. Paradigm is headquartered in Houston and has more than 500 employees globally. The company provides an array of tools that enable customers to gain deeper insight into the subsurface, reduce uncertainty and support responsible asset management.

Value of transaction
USD 510 million

Date deal announced
16 October 2017

De Brauw involvement
Local counsel

Other advisors
Sellers are represented by Kirkland & Ellis (Transactional), Loyens and Loeff (Dutch law), Ashurst LLP (Antitrust), Bonn Steichen & Partners (Luxembourg law), Maples and Calder (Cayman law) Emerson is represented by Davis Polk and Wardwell (Transactional), Baker and MacKenzie (International)

De Brauw lead partner
Paul Cronheim

De Brauw team
Birgit Snijder-Kuipers, Rim Roomberg, Henk van Ravenhorst