International law firm Weil, Gotshal & Manges represented Presidio, Inc., a leading provider of IT services, in the closing of its acquisition of INX Inc., a Houston-based IT services company, in an all-cash transaction. INX stockholders will receive $8.75 per share under terms of an agreement approved by INX stockholders on December 29, 2011. The deal was originally announced in early November. Presidio, Inc. is owned by American Securities LLC and the company’s management.

Both Presidio and INX have established reputations in the IT services industry in delivering solutions in evolving areas of corporate IT investment, including data centers and virtualization, unified communications/collaboration, security, and mobility and contact center technology solutions. INX will operate as a subsidiary of Presidio Networked Solutions, Inc. As a result of the merger, Presidio will employ over 1,800 IT professionals at over 45 office locations across the United States and will remain based in Greenbelt, Maryland.

The Weil team was led by partner Michael Weisser and included partners Mark Hoenig, Michael Kam, Frank Nocco, Jeffrey Osterman, Chip Roh and Laura Wilkinson; counsel John O’Loughlin; and associates Michael Breidenbach, Gregory Burns, David Cohen, Christopher Farmer, Natasha Gopaul, Peter Milligan, Eric Min, Suhan Shim and Rachel Vigneaux.