Transaction Valued at Approximately $1 Billion
Global law firm White & Case LLP represented Harvest Partners in connection with the purchase by Harvest Partners and Omers Private Equity of Epiq Systems, Inc. (NASDAQ: EPIQ), a leading global provider of integrated technology and services for the legal profession. The transaction, which represents a 42 percent premium to the pre-speculation trading price, has a total value of approximately US$1 billion, including debt. Upon completion of the transaction, Epiq will be combined with DTI, a leading global legal process outsourcing company, with the combined company being owned by Harvest Partners and Omers Private Equity.
Founded in 1981, Harvest Partners is a New York-based private equity investment firm with over US$5 billion in cumulative capital commitments that pursues management buyouts and recapitalizations of middle market companies in North America.
The White & Case team which advised on the transaction was led by partners John Reiss and Carolyn Vardi with support from associates Luke Laumann and Suni Sreepada.
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