Weil Aids Silver Lake, Partners' $1.25B Travel Co. Buy

Law360, New York (May 24, 2012, 2:20 PM EDT) -- Private equity firm Silver Lake Partners LLC and investment firm Partners Group AG have teamed up to purchase European Web-based shopping tourism company Global Blue for €1 billion ($1.25 billion) from Equistone Partners Europe Ltd., the companies announced Thursday.

The deal, which is pending regulatory approval, is expected to further Silver Lake and Partners Group's reach in the budding economies of emerging countries, while bolstering the resources available to the rapidly growing Swiss company.

“Silver Lake’s global presence, technology expertise and value creation capabilities could not...
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