Silver Lake-backed Cegid and Grupo Primavera, both providers of cloud business management solutions, have agreed to combine for 6.8 billion euros ($6.9 billion). The transaction, announced July 26, is expected to close in the third quarter of 2022. Lyon, France-based Cegid was advised by a Simpson Thacher & Bartlett team including partners James R. Howe, Shahpur Kabraji and Étienne Renaudeau. Counsel information for Grupo Primavera was not immediately available.
Investment Firms
July 28, 2022, 6:32 PM