find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
Corrs acts on $US1 billion software buy

Corrs acts on $US1 billion software buy

Corrs Chambers Westgarth has acted on $US1 billion software buy.

Firms: Corrs Chambers Westgarth (Apax Partners), Skadden, Arps, Slate, Meagher & Flom (Paradigm Software Group)

Deal: Cash acquisition of Paradigm Software Group

Area: M&A

Value: $US1 billion

Key players: James Delesclefs, formerly a partner of Kirkland & Ellis in London, led the Corrs team, together with Sydney M&A partner James Rozsa and lawyer Maggie Wong. Corrs engaged a national team including partners James North, Odette Gourley, Greg Hassall and Jack de Flamingh, together with special counsel Joanne Dwyer, senior associates Melissa Brunning, Alison Jones and Meagan Johnston, and lawyers Daniel Thompson and Annika Martz.

Deal significance: An Apax-led consortium has agreed to acquire the global operations of Paradigm, an independent software provider focused on the oil and gas exploration industry with offices in six continents, from private equity group Fox Paine & Company. Paradigm’s Australian operations include a key research and development facility together with offices in Brisbane and Perth. Funds under the advice of Apax total approximately $US40 billion around the world.

 “This highlights both the interest we are currently seeing by global private equity firms in Australian-based companies and private equity’s continued appetite and capacity, despite global market conditions, for large secondary buyouts,” said Rozsa.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Corrs acts on $US1 billion software buy
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice, Victorian County Court, retiring judges
Aug 21 2017
Replacements named for retired Vic judges
Two new judicial officers have been appointed in the Victorian County Court, following the retire...
Applauds
Aug 21 2017
LCA applauds proposed Modern Slavery Act
The Law Council of Australia has welcomed new recommendations for the development of a Modern Slaver...
Mentoring
Aug 21 2017
Top-tier offers targeted mentoring for Indigenous law students
Students at Macquarie University will be the first to benefit from a new Indigenous mentoring progra...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...