Ropes & Gray Advises New Client ICG on $5.3bn Buyout of Visma - Europe's Largest Ever Software Buyout

Ropes & Gray Advises New Client ICG on $5.3bn Buyout of Visma - Europe's Largest Ever Software Buyout

Image: 
Chamber Member News Post Date: 07/05/17 Source: Ropes & Gray LLP By: Ropes & Gray LLP
Summary

International law firm Ropes & Gray has advised Intermediate Capital Group (ICG) – a second new client for the firm announced in recent weeks* - on the $5.3bn consortium buyout of Visma, Europe's largest ever software buyout.

ICG was part of a consortium of investors that bought stakes in the deal. Other investors included HgCapital, Cinven, GIC and Montagu, alongside Visma’s management team.

The London-based Ropes & Gray team was led by private equity partner Helen Croke, with finance partner Malcolm Hitching leading on the debt aspects of the deal. Other members of the team included finance counsel Alex Robb and private equity associate Nicholas Matthew. Read Full Article