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The San Francisco office of Heller Ehrman White & McAuliffe represented Geac Computer Corp. in its agreement to purchase Extensity Inc. Attorneys in the Palo Alto office of Cooley Godward represented Extensity. The deal is valued at approximately $46.2 million based on Geac’s current stock value and is expected to close by year’s end. “The transaction structure was attractive from the standpoint of Extensity because it offers each shareholder the option to obtain Geac stock or a fixed amount of cash,” said David Lipkin, the lead partner on the deal for Cooley. Extensity makes business software that allows companies to manage employee-based financial processes, like business travel and expense reporting. Geac makes business software used for financial administration and human resources management, among other software products. “This transaction will enhance Geac’s suite of financial management solutions, for Geac’s many clients, with Extensity’s outstanding automated employee-based financial process solutions,” said Daniel Titelbaum, the lead partner on the deal for Heller. Heller partners Robert Alexander, Michael Charlson, Michael Faber, Keith Betzina, Mary Riley and associates Sheryl Miller, Elizabeth Fraser and Julie Cooke, as well as special counsel Ariel Reich, also worked on the deal. Heller Ehrman worked with Canadian law firm Blake Cassels & Graydon in addition to internal counsel at Geac. In addition to Lipkin, Cooleypartner Jim Fulton worked on the deal with associates Michelle Bushore and Paul Gibson. Tax partner Webb “Bill” Morrow worked on the deal from the firm’s San Francisco office. Redwood Trust Inc. San Francisco-based law firm GnazzoThill worked with attorneys from San Francisco’s Tobin & Tobin in representing Redwood Trust Inc. in the sale of $566.2 million of mortgage pass-through certificates. The offering is part of the “Sequoia” residential mortgage securitization program that is conducted by affiliates of Redwood Trust. “Redwood Trust brings a sophisticated approach to mortgage finance and is a pleasure to work with,” said Gnazzo partner Melanie Gnazzo. “We are proud of . . . the success of [Redwood's] Sequoia mortgage securitization program over the years.” Gnazzo handled the tax side of the deal while Tobin’s Phillip Pollack handled the corporate work. In addition to Gnazzo, associate Galia Swetschinski worked on the deal.

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