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.
General Atlantic to Sell Stake in TriNet to Atairos
- Client News
- December 22, 2016
Paul, Weiss is representing General Atlantic in the sale of its remaining ownership stake in TriNet, a provider of human resources solutions, to Atairos Group, Inc. Under the terms of the transaction, Atairos will acquire an approximately $440 million ownership stake from funds affiliated with General Atlantic through the purchase of roughly 17.7 million shares of TriNet common stock for $25.00 per share. The transaction is expected to close in the first quarter of 2017.
The Paul, Weiss team included corporate partners Matthew Abbott and John Kennedy and counsel Julie Martinelli; and tax partner Patrick Karsnitz.
