Wragge & Co has advised ISIS Equity Partners on the £10 million sale of Credit Solutions to arvato UK & Ireland. The firm advised ISIS on its initial £4.5 million investment in Credit Solutions in 2005. Since then, ISIS has supported the growth of Credit Solutions and its increased service offering.
Tags: Gowling WLGNorton Rose Advises 3W Power Holdings S.A. on €100 Million Bond Issue
International legal practice Norton Rose LLP has advised 3W Power Holdings S.A. on a €100 million bond issue which was unconditionally and irrevocably guaranteed by AEG Power Solutions B.V. Close Brothers Seydler Bank AG acted as sole global coordinator and sole bookrunner.
Tags: Norton Rose FulbrightSimpson Thacher Represents Wireless Generation Inc. in its Proposed $360 Million Sale to the News Corporation
The Firm is representing Wireless Generation Inc. in connection with its proposed $360 million sale to the News Corporation. Wireless Generation provides mobile and web software, data systems and professional services that enable teachers to use data to assess student progress and deliver individualized instruction, serving more than 200,000 teachers and three million students across all 50 states. News Corporation is a diversified global media company.
Tags: Simpson Thacher & Bartlett LLPAndrews Kurth Represents IDB in $140 Million Syndicated Loan to Brazil’s Banco Sofisa
On November 23, 2010, the Inter-American Development Bank (“IDB”) closed on a syndicated dual currency (US$115 million and €18 million) A/B loan to Brazil’s Banco Sofisa. The proceeds of the loan are to be used to increase lending to small- and medium-sized enterprises in Brazil. The syndication to some 15 U.S., Brazilian and European banks was co-arranged by IDB and Banco Itau, with HSBC, Banco do Brasil and Standard Bank as bookrunners. The transaction involves a five-year IDB $25 million A loan and a syndicated B loan composed of four tranches: two denominated in U.S. dollars for a total amount of $90 million, and two denominated in Euros for a total amount of €18.6 million. The syndicated loans mature in two and three years.
Tags:Morgan Lewis Advises Eurand on $583 Million Acquisition by Axcan Holdings
Today, Eurand N.V. and Axcan Holdings, Inc. announced they have entered into a definitive agreement whereby Axcan will acquire all outstanding shares of Eurand for $12.00 per share in cash, or approximately $583 million. Eurand is a global specialty pharmaceutical company and Axcan is a pharmaceutical company that focuses on the treatment of gastrointestinal disorders.
Tags: Morgan, Lewis & Bockius LLPGoodwin Procter Advises JMI Equity in Closing of $875 Million Growth Equity Fund
Goodwin Procter advised client JMI Equity, a growth equity firm that invests in leading software, internet, business services and healthcare IT companies, in the closing of JMI Equity Fund VII, L.P., an $875 million fund.
Tags: Goodwin Procter LLPSimpson Thacher Represents Underwriters in Follow-On Offering by Synchronoss
The Firm represented the underwriters, led by Credit Suisse Securities (USA) LLC, Deutsche Bank Securities, Inc. and Goldman, Sachs & Co., in a registered follow-on offering of 4,896,748 shares of common stock of Synchronoss Technologies, Inc. (“Synchronoss”), which includes the shares that were issued and sold pursuant to the over-allotment option exercised by the underwriters, resulting in aggregate gross proceeds of approximately $124 million.
Tags: Simpson Thacher & Bartlett LLPHogan Lovells Advises DouglasBay Capital plc on Sale of Laxey Logistics Ltd
Hogan Lovells has advised DouglasBay Capital plc and management sellers on the sale of Laxey Logistics Limited which owns the TDG Group for £196.5m on a cash and debt free basis as at 30 June 2010.
Tags: Hogan LovellsWhite & Case Advises Commerzbank and ING Bank in Connection with the Financing of the Acquisition of GHD GesundHeits GmbH Deutschland
Global law firm White & Case LLP advised Commerzbank Aktiengesellschaft and ING Bank N.V. in connection with the financing of the acquisition of a majority stake in GHD GesundHeits GmbH Deutschland by the Swedish-British private equity firm IK Investment Partners (formerly known as Industri Kapital) from Barclays Private Equity.
Tags: White & Case LLPPaul Hastings Advises Wolters Kluwer Health in Agreement to Acquire Pharmacy OneSource
Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that the firm advised Wolters Kluwer Health, a leading provider of information and business intelligence to the medical, nursing, allied health and pharmacy industries, on its definitive agreement to acquire Pharmacy OneSource, Inc., a leading healthcare Software-as-a-Service (SaaS) provider.
Tags: Paul Hastings, LLP