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.
Liberty Strategic Capital to Acquire Zimperium
- Client News
- March 29, 2022
Paul, Weiss is advising Liberty Strategic Capital, a private equity firm founded and led by former Secretary of the Treasury Steven Mnuchin, in its approximately $525 million acquisition of Zimperium, a global leader in mobile threat defense. Zimperium’s cybersecurity platform protects mobile endpoints and applications, and helps prevent sensitive data loss that can result in fraud, reputational damage and regulatory penalties.
The acquisition is Liberty Strategic Capital’s first buyout transaction and its fourth investment in cybersecurity, one of Liberty’s primary focus areas. The transaction is expected to be completed in the second quarter of 2022, subject to regulatory approvals and customary closing conditions.
The Paul, Weiss team includes corporate partners Ellen Ching, Marco Masotti, Matthew Abbott and David Tarr and counsel Michael Kurzer; tax partners Matthew Jordan and Scott Sontag; executive compensation partner Lawrence Witdorchic; litigation partners Andrew Finch and Andrew Gordon and counsel Steven Herzog, Peter Jaffe and Rachel Fiorill; real estate partner Peter Fisch; antitrust counsel Marta Kelly; and international trade counsel Richard Elliott.