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.
E-Trade to Acquire OptionsHouse
- Client News
- July 25, 2016
E*TRADE Financial Corporation announced that it has agreed to acquire Paul, Weiss client Aperture New Holdings, Inc., the parent company of OptionsHouse, for $725 million in cash. The transaction, which is expected to close in the fourth quarter of 2016, will boost E*TRADE's derivatives capabilities while expanding its customer profile with the addition of OptionsHouse's highly active, derivative-centric traders. OptionsHouse is an indirect subsidiary of Aperture, which is a portfolio company of General Atlantic.
The Paul, Weiss team, which represented both Aperture and General Atlantic, included corporate partners Neil Goldman and Matthew Abbott, Dale Sarro and Manuel Frey and counsel Ji Lu and Pearl Yuan-Garg; tax partner Patrick Karsnitz; antitrust counsel Marta Kelly; intellectual property counsel Menachem Kaplan; employee benefits partner Robert Fleder; litigation partner Aidan Synnott; and real estate partner Peter Fisch.