The Firm is representing Silver Lake Partners and IPC Corp. (“IPC”) in connection with the sale of IPC to Centerbridge Partners, L.P. for approximately $1.2 billion. The transaction is expected to close in the first quarter of 2015, subject to customary regulatory and other closing conditions.
IPC is a global provider of network services and trading communication technology to the financial markets community.
The Simpson Thacher team includes Bill Curbow, Ben Schaye, Chi Pan, Nicole Tague, Jay Baviskar and Alex Lebow (M&A); Noah Metz (Tax); Tristan Brown, Aimee Adler, Brittany McCants and David Daniels (Executive Compensation and Employee Benefits); Jen Hobbs (Financing); Lori Lesser and Genevieve Dorment (Intellectual Property); Michael Isby (Environmental); Peter Guryan, Michael Naughton, Ellen Frye and Richard Jamgochian (Competition); and Krista McManus (Real Estate).