Dechert is representing ICG Group, Inc. (“ICG”) in its sale of Procurian, Inc. (“Procurian”) to Accenture plc for $375 million in cash. Radnor, PA-based ICG announced today that it has executed a definitive agreement for the sale of Procurian, a specialist in procurement solutions, to Accenture plc. The transaction is subject to customary closing conditions, with completion expected to occur in the fourth quarter.
The Dechert team advising ICG in this transaction included corporate partners Henry Nassau, Stephen Leitzell and Bart Winokur, and associates Kevin O’Riordan and Allie Misner.
For more information, see ICG’s full press release.
