Mayer Brown has advised Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, on the acquisition of European managed services provider, Easynet. The transaction places an enterprise value of £402 million on Easynet.
The combined company will expand its networked cloud and communications services to national and multinational enterprises worldwide, enabling customers to access a fuller suite of products, services and skill sets.
Peter Dickinson, Corporate & Securities partner at Mayer Brown, said: "The combination of Interoute and Easynet will strengthen Interoute’s cloud hosting capability in Europe. This is an exciting time for Interoute and we are delighted to have advised them on this deal.”
The Mayer Brown team was led by London Corporate & Securities partner Peter Dickinson and included Corporate & Securities senior associates Katherine Woods and Rosemary Hewitt and associate Oliver Lyons (all London); Anti-trust & Competition partners David Harrison (London), Julian Ellison and Jens Peter Schmidt (both Brussels); Tax Transaction & Consulting partner James Hill and associate Alexander Goldsmith (both London); Banking & Finance partner Mayank Gupta and senior associate Jayne Backett (both London); Real Estate senior associates Kirsty Harrower and Danielle Gerber (both London); and Employment & Benefits partners Nicholas Robertson and Christopher Fisher, senior associates Ann Robson and Lizzi Hodgkinson (all London).
Mayer Brown has acted for Interoute since its incorporation in 1996.