Posted on:Weil in the News
Weil advised Centerbridge Partners, L.P. in its $1.2 billion acquisition of IPC Systems, Inc., a global provider of mission-critical network services and trading communication technology to the financial markets community, from Silver Lake Partners. The deal closed on February 9, 2015.
Weil has advised Centerbridge Partners on other recent matters including its acquisition (via its portfolio company Capmark Financial Group Inc.) of Bluestream Brands, Inc., its investment in syncreon Holdings Limited, and its $1.1 billion take private of P.F. Chang’s China Bistro Inc., among others.
The Weil team that advised Centerbridge Partners was led by Private Equity partner Doug Warner. In addition, the team included Banking & Finance partner Courtney Marcus; Antitrust partner Jeffrey Perry; Tax partner Mark Schwed; Antitrust counsel John Sipple; Environmental counsel John O’Loughlin; Executive Compensation & Employee Benefits counsel Jeffrey Lieberman; Corporate associates Sandra Rutova, Adam Dickson and Rachel Shapiro (not yet admitted); Banking & Finance associates Clinton Hutchings and Will Johnson; and Executive Compensation & Employee Benefits associate Verity Rees.