27 December 2023
Ropes & Gray Advises on IRIS Sale and Reinvestment, Valuing Business at £3.15 Billion – One of Europe’s Largest Software Buyouts of 2023
Advising firms
Deal team
6 lawyers named| Lawyer | Firm | Seniority | Practice | Office |
|---|---|---|---|---|
| Helen Croke Lead | Ropes & Gray | Partner | private equity transactions | Not stated |
| Nick Matthew | Ropes & Gray | Associate | Not stated | Not stated |
| Will Allen | Ropes & Gray | Associate | Not stated | Not stated |
| Alex Robb | Ropes & Gray | Partner | finance | Not stated |
| Jacob Bennett | Ropes & Gray | Associate | Not stated | Not stated |
| Chris Agnoli | Ropes & Gray | Partner | tax | Not stated |
Stated terms
- Stated value
- GBP 3.15bn (£3.15 billion)
- What the figure measures
- Enterprise value
- Client
- Intermediate Capital Group (ICG)Investor
- Counterparties
- IRIS Software Group (IRIS) (Target)
Hg (Investor)
Leonard Green & Partners (Investor)