Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Apollo Sells TD SYNNEX Shares in $1.3 Billion Secondary Public Offering
- Client News
- April 2, 2024
Paul, Weiss represented certain entities managed by affiliates of Apollo Global Management, Inc., as the selling shareholders, in a $1.3 billion secondary public offering of 12,075,000 shares of TD SYNNEX Corporation common stock. TD SYNNEX is a leading global distributor and solutions aggregator for the IT ecosystem. J.P. Morgan Securities LLC, Barclays Capital Inc., BofA Securities, Inc., and Mizuho Securities USA LLC acted as joint bookrunners and underwriters for the offering.
As part of the offering, TD SYNNEX repurchased 500,000 shares of common stock from the underwriters as part of the company’s existing share repurchase program.
The Paul, Weiss team was led by corporate partners Brian Janson and Christodoulos Kaoutzanis.