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 $881 Million Secondary Public Offering
- Client News
- January 31, 2024
Paul, Weiss advised certain entities managed by affiliates of Apollo Global Management, Inc. as the selling shareholders in an $881 million secondary public offering of 8,768,750 shares of TD SYNNEX Corporation common stock. TD SYNNEX is a leading global distributor and solutions aggregator for the IT ecosystem.
Goldman Sachs & Co. LLC, BofA Securities, Inc. and RBC Capital Markets, LLC acted as joint bookrunners and underwriters for the offering.
As part of the offering, TD SYNNEX repurchased 1,375,000 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.