WilmerHale Advises SS&C Technologies in $906.5 Million Bid Takeover

WilmerHale Advises SS&C Technologies in $906.5 Million Bid Takeover

Firm News

Related Solutions

WilmerHale has been at the forefront of complex financial restructuring and bankruptcy litigation and policy matters for decades.
Our team provides guidance on all facets of swaps, futures and derivatives market activity, including regulatory compliance, transactions, litigation, and investigations and enforcement.
WilmerHale lawyers have decades of experience advising public and private companies in all aspects of mergers and acquisitions.
We offer clients exceptional insight in dealing with competition agencies in the United States, Europe and around the world.
We guide clients through today’s ever-changing debt markets, representing them in a broad variety of debt deals that range from complex financial structures to traditional loan transactions.

In a bidding war for London-based GlobeOp Financial Services, WilmerHale represented SS&C Technologies in its takeover cash offer of $906.5 million. The bid topped an $805 million offer from buyout house TPG Capital, announced earlier this year in February. SS&C has offered to pay $7.69 per share for GlobeOp – an 11 percent premium on TPG's bid. The deal has been unanimously approved by the board of directors of SS&C and the independent directors of GlobeOp.

Corporate Partner John Burgess and Finance Partners John Sigel and Justin Ochs are the lead attorneys advising SS&C in the US aspects of the deal. Other members of the WilmerHale team include Jay Bothwick and Wendell Taylor handling corporate aspects; Bill Kolasky and Jeffrey Ayer managing antitrust matters; Bruce Newman and Lauren Schreur handling FINRA filings; and Brett Budzinski, Rebecca Nauta, Jessica Martin, and Keith Spence working on corporate and financing matters.

A press release explaining this transaction is available on the SS&C website.

Notice

Unless you are an existing client, before communicating with WilmerHale by e-mail (or otherwise), please read the Disclaimer referenced by this link. (The Disclaimer is also accessible from the opening of this website). As noted therein, until you have received from us a written statement that we represent you in a particular manner (an "engagement letter") you should not send to us any confidential information about any such matter. After we have undertaken representation of you concerning a matter, you will be our client, and we may thereafter exchange confidential information freely.

Thank you for your interest in WilmerHale.

I Accept Cancel