LAWFUEL – M&A, law, legal, law firm news – Debevoise & Plimpton LLP is representing MMC Capital, Inc. and Vertafore, Inc. in Hellman & Friedman LLC’s acquisition of Vertafore, Inc. from Trident II and certain of its affiliates, which are managed by
MMC Capital, Inc., a wholly owned subsidiary of Marsh & McLennan
Companies, Inc., and other minority investors. JMI Equity is investing
alongside Hellman & Friedman in this acquisition. The transaction is
expected to close before the end of the year.
Vertafore, Inc. is a leading provider of specialized software, services
and information for the property and casualty insurance industry. MMC
Capital, Inc. is a global private equity firm, serving as the manager of
the Trident Funds, which have raised more than $3 billion in committed
capital to make investments in the insurance, employee benefits and
financial services industries. Hellman & Friedman LLC is a San
Francisco-based private equity firm that has managed over $8 billion of
committed capital. JMI Equity is a San Diego and Baltimore-based venture
capital firm exclusively focused on the software and business service
industries.
The Debevoise team was led by partner Stephen R. Hertz and included tax
partner Seth L. Rosen, benefits partner Lawrence K. Cagney and
associates Stefan P. Stauder, Nilufer Shaikh, Matthew O’Halloran and
Christopher P. Del Rosso. Counsel Judith L. Church and associate Kyra K.
Bromley also assisted on the matter.
