Davis Polk is advising affiliates of the Goldman Sachs Merchant Banking Division in connection with the consortium acquisition with affiliates of The Blackstone Group L.P. of Ipreo Holdings LLC from affiliates of Kohlberg Kravis Roberts & Co. L.P. The financial terms of the transaction were not disclosed.
The Merchant Banking Division of Goldman Sachs is one of the leading private equity investors in the world, having invested and committed approximately $45 billion of equity capital in over 650 companies globally across its corporate equity investing business. Blackstone is one of the world’s leading investment and advisory firms with approximately $265 billion in assets under management as of December 31, 2013. Ipreo is a global leader in providing market intelligence, data and technology solutions to all participants in the global capital markets, including sell-side banks, publicly traded companies and buy-side institutions.
The Davis Polk corporate team includes partners John D. Amorosi and William H. Aaronson, and associates Brian J. Snyder and Faizan A. Tukdi. The tax team includes partner Kathleen L. Ferrell and law clerk Vinay Prabhakar. Partner Jeffrey P. Crandall and associate Veronica M. Wissel are providing executive compensation advice. Counsel Michael N. Sohn and Stephen M. Pepper are providing antitrust and competition advice. Members of the Davis Polk team are based in the New York and Washington DC offices.
