By Charlie Innis (September 28, 2021, 2:41 PM EDT) -- U.K. software company Blue Prism said Tuesday it has agreed to a roughly £1.1 billion ($1.5 billion) takeover by Vista Equity Partners, which plans to combine it with another tech company, in a deal steered by three law firms including Simpson Thacher and Kirkland & Ellis.
Vista, a Texas-based private equity firm, plans to buy Blue Prism through an investment vehicle called Bali Bidco Ltd., which the firm formed for the purposes of the deal. CMS Cameron McKenna Nabarro Olswang LLP is advising Blue Prism. Vista and Bidco are receiving counsel from Simpson Thacher & Bartlett LLP and Kirkland & Ellis LLP....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!