Akin Gump Advising Coller Capital in $829 Million GP-led Secondary Transaction for Permira IV
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(London) – Coller Capital is leading a GP-led secondary transaction for the remaining assets of Permira IV. On the transaction’s closing, the fund’s four assets, together with a co-investment vehicle for the largest of them, will be ultimately acquired by a new investment vehicle with $829 million of aggregate commitments. A team from Akin Gump is advising Coller Capital in this deal.
Permira IV’s remaining assets comprise four software and technology companies. The largest of them, Genesys, is a market leader in cloud-based customer experience and contact centre solutions. The new investment vehicle will provide fresh capital over a five-year period to support further value creation in the companies.
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The Akin Gump team advising Coller Capital is being co-led by London investment management partners Mary Lavelle and Aleks Bakic, and includes corporate partner David Sewell, international trade partner Davina Garrod, tax partner Stuart Sinclair, and investment management associates Chris Jeanes and Felicity Linehan, all in London, and international trade counsel Rebekah Jones in Washington, D.C.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 1,000 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East. Founded in 1945, the firm is proudly celebrating its 75th anniversary in 2020. #AkinGump75
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