Sheppard Mullin Continues its New York Expansion with Three Partners

John R. Hempill, Jack Kiley and MaryJeanette Dee have joined Sheppard, Mullin, Richter & Hampton LLP as partners in the firm’s New York office. Hempill joins as a member of the Corporate practice group from Morrison Foerster, where he was a former co-chair of the Emerging Companies & Venture Capital group. Kiley joins as a member of the Labor and Employment practice group from Kelley Drye & Warren, where he chaired the Labor and Employment practice group. Dee joins as a member of the Business Trial practice group from Richards Kibbe & Orbe, where she was a member of the executive committee. Joining Kiley at Sheppard Mullin from Kelley Drye & Warren is a six-attorney Labor and Employment group.

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Tags:  Sheppard, Mullin, Richter & Hampton LLP | New York

Simpson Thacher Represents Silver Lake Sumeru in Connection with Announced Merger of Power-One and ABB

The Firm is representing Silver Lake Sumeru in connection with the announced merger of Power-One, Inc. (NASDAQ: PWER) and ABB Ltd (NYSE: ABB). Investment funds affiliated with Silver Lake Sumeru own common stock and convertible preferred stock representing, on an as-converted basis, approximately 33% of the outstanding equity securities of Power-One. Under the terms of the merger agreement, ABB will acquire all of the issued and outstanding shares of Power-One for $6.35 per share in cash, which represents an equity value of approximately $1.028 billion. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the second half of 2013.

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Tags:  Simpson Thacher & Bartlett LLP | Silicon Valley

Allen Matkins Represents Content Partners in Acquisition of Hit Television Franchise “CSI”

Allen Matkins, a California-based full service business and real estate law firm, served as legal counsel for Content Partners in the entertainment finance investment fund’s March 2013 acquisition of a 50 percent interest in the three series comprising the hit television franchise “CSI” (“CSI: Las Vegas,” “CSI: New York” and “CSI: Miami”). Content Partners acquires interests and participations in completed entertainment properties, including motion pictures and television series.

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Tags:  Allen Matkins Leck Gamble Mallory & Natsis LLP | Los Angeles

Kirkland & Ellis Represents CVC on Financing for Acquisition of Ista International

Kirkland & Ellis International LLP advised CVC Capital Partners on the financing for CVC’s acquisition of Germany’s ista International GmbH. Ista offers energy management services to increase the energy efficiency of buildings. The financing is expected to include an aggregate of €2.3 billion of senior secured bank debt, senior secured high-yield bonds and senior unsecured high-yield bonds. The transaction is expected to close by mid year and will be Germany’s largest private equity deal in five years.

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Tags:  Kirkland & Ellis LLP