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.
CI Capital Sells Hero Digital
- Client News
- November 18, 2021
Paul, Weiss advised New York-based private equity firm CI Capital Partners and its portfolio company, Hero Digital, in Hero’s sale to global investment firm AEA Investors LP. Hero is a leading customer experience-led digital transformation company that blends strategic consulting, design, technology, data and performance marketing. Financial terms of the transaction, completed on November 18, were not disclosed.
During the five years that Hero was owned by CI Capital, its revenue increased more than sixfold through a combination of organic growth and strategic acquisitions, including of Delphic Digital, MaassMedia, Clock Four and Bulldog Solutions. Paul, Weiss represented Hero and CI Capital in each of those acquisitions.
The Paul, Weiss team included, among others, corporate partners Ted Ackerman and Carl Reisner; executive compensation counsel Nicole Tark; tax partner Scott Sontag; litigation partners Jeffrey Recher and Allan Arffa and counsel Steven Herzog; intellectual property partner Claudine Meredith-Goujon; real estate partner Peter Fisch; and antitrust counsel Marta Kelly and Yuni Sobel.