15 July, 2016
Shearman & Sterling is advising CX Partners and Capital Square Partners on the sale of Minacs to Concentrix Global Holdings Inc., a subsidiary of a Fortune 500 company Synnex Corporation. The purchase price is approximately $420 million subject to closing adjustments.
Minacs is a leading outsourcing business solutions partner to global corporations in the manufacturing, retail, telecom, technology, media and entertainment, banking, insurance, healthcare, and public sectors.
Synnex Corporation is a leading business process services company, optimizing supply chains and providing outsourced services focused on customer relationship management.
The Shearman & Sterling team is led by partner Sidharth Bhasin (Singapore-M&A) and includes partners Jessica Delbaum (New York-Antitrust), Kenneth Laverriere (New York-Compensation, Governance & ERISA), Richard Hsu (Menlo Park-Intellectual Property Transactions), Daryl Chew (Singapore-International Arbitration), Laurence Crouch (Menlo Park-Tax), and Sarah Priestley (London-Tax); with support from counsel William Yaro (New York-Finance Group), Eileen O’ Pray (Menlo Park-Tax), Kelly Karapetyan (New York-Antitrust), Charles Thompson (New York-Finance Group); and associates Aselle Kurmanova (New York-M&A), Jeremy Cleveland (Menlo Park-Capital Markets), Benjamin Petersen (Menlo Park-Intellectual Property Transactions), Ryan Bray (Menlo Park-Tax), Elizabeth Emerson (London-Tax), Stephanie O'Connor (New York-Compensation, Governance & ERISA), and Matthew Sherman (London-M&A).
