The Firm is representing Tyco International Ltd. ("Tyco") in its cash and stock acquisition of Brink's Home Security Holdings, Inc., now operating as Broadview Security (“BHS"), valued at $42.50 a share or approximately $2 billion.
The transaction is subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Act and the approval of BHS shareholders. Following the closing of the transaction, Tyco intends to combine BHS with Tyco's ADT security business.
The Simpson Thacher team includes: Alan Klein, Anthony King, Nick Ferrer, Jonathan Strom, Parijat Sharma and Louis Pastor (M&A); Aimee Goldstein and Brijesh Dave (Antitrust); Greg Grogan, Wonda Quinn and David Schneider (Executive Compensation and Employee Benefits); Kurt Dudas and Danny Salinas (Tax); Krista McManus and Davis Coen (Real Estate); Adeeb Fadil (Environmental); Marcela Robledo and Keren Siman-Tov (Intellectual Property); Elisa Alcabes (Litigation); and Fagie Hartman and Brandon Neal (Labor).