On September 24, Willkie client Mueller Industries, Inc. announced that it has repurchased 10,422,859 shares of Mueller common stock owned by Leucadia National Corporation at a negotiated price per share of $41.00, for an aggregate purchase price of over $427 million.
Tags: Willkie Farr & Gallagher LLP | New YorkSimpson Thacher Represents Credit Suisse Securities (USA) LLC in Secondary Offering of Common Stock by RealPage, Inc.
Simpson Thacher represented Credit Suisse Securities (USA) LLC as the sole underwriter in connection with a registered secondary offering of 4 million shares of the common stock of RealPage, Inc. The offering closed on September 19, 2012 and resulted in gross proceeds to the selling stockholders of $99 million. Credit Suisse has an option to purchase an additional 600,000 shares from the selling stockholders to cover over-allotments. RealPage, Inc. is a leading provider of on-demand software solutions for the rental housing industry. RealPage’s shares are listed on the NASDAQ Global Select Market under the symbol “RP.”
Tags: Simpson Thacher & Bartlett LLPSimpson Thacher Represents Lightyear Capital in Establishing $950 Million Private Equity Fund
The Firm represented Lightyear Capital LLC (“Lightyear”) in connection with the establishment of its third private equity fund, Lightyear Fund III, L.P. (“Fund III”), with $950 million in capital commitments, surpassing its target of $800 million. Fund III will focus primarily on control investments in North America-based, middle-market companies across the financial services spectrum, including asset management, banking, brokerage, financial technology, insurance, and specialty finance.
Tags: Simpson Thacher & Bartlett LLP | New YorkGoodwin Procter Advises TA Associates on Buyout of Satellite Provider SpeedCast
Goodwin Procter advised long-term client TA Associates, a leading global growth private equity firm, on its recently completed buyout of SpeedCast Ltd., a global network and satellite communications service provider, from Asia Satellite Telecommunications Co. Ltd.
Tags: Goodwin Procter LLP | Hong KongMark Josephs Joins Edwards Wildman as a Litigation Partner in Boston
The law firm of Edwards Wildman Palmer LLP is pleased to announce that Mark L. Josephs is a new partner in the firm’s White Collar & Government Enforcement Practice Group. Residing in the firm’s Boston office, Josephs will focus on complex health care and financial-fraud criminal and civil enforcement cases. He joins Edwards Wildman from the US Department of Justice, where his most recent position was the assistant director of the Consumer Protection Branch.
King & Spalding Adds IP Transactions Specialist in Silicon Valley
Emma Maconick, an expert in complex intellectual property licensing and technology transactions, has joined King & Spalding’s Silicon Valley office as a partner in the firm’s corporate group.
Tags: King & Spalding LLP | Silicon ValleySimpson Thacher Represents Barclays Capital Inc. and Goldman, Sachs & Co. as Underwriters in $275 Million Senior Notes Offering by Infinity Property and Casualty Corporation
The Firm recently represented Barclays Capital Inc. and Goldman, Sachs & Co. as underwriters, in connection with a public offering by Infinity Property and Casualty Corporation (“Infinity”) of $275 million aggregate principal amount of its 5.000% Senior Notes due 2022. The offering closed on September 17, 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkArcher & Greiner Adds Monmouth County, N.J., Office, Expanding Regional Reach
Archer & Greiner P.C. will establish an office in Monmouth County, N.J., expanding one of the region’s largest law firms with the addition of the three name partners of Nelson Supko & Hanlon LLC, Archer & Greiner President Christopher R. Gibson and ChairmanJames H. Carll announced today.
Tags: Archer & GreinerAshurst Strengthens Contentious Real Estate Practice with Senior Partner Hire
Setterwalls Recruits Moritz Veller and Sets Up German Desk
The recruitment of Moritz Veller, who is a dual qualified Swedish/German lawyer specialising principally in M&A, enables Setterwalls to strengthen its offering in international business law – not least in German-Swedish trade. Moritz Veller has worked in international law firms in both Sweden and Germany for several years and comes to us now from Cederquist law firm.