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.
Zenium Completes Sale of Turkish Business
- Client News
- October 6, 2017
Paul, Weiss represented Soros Fund Management and its portfolio company Zenium Holdings Limited in the sale of Zenium’s data center business in Istanbul, Turkey to an affiliate of Equinix, Inc. The $93 million all-cash transaction is subject to certain agreed purchase price adjustments. With the sale of the Turkey business, Zenium plans to focus on their existing data center businesses in Western Europe, including the UK and Germany. The sale was signed and closed on October 6.
The Paul, Weiss team included corporate partner Bruce Gutenplan and counsel David Harris; and tax partner David Sicular.