The Firm is representing KKR and Aricent in the proposed sale of Aricent to Altran Technologies. The transaction is expected to close during the first quarter of 2018, subject to the receipt of antitrust approvals and other customary closing conditions.
Aricent is a digital leader in integrated design and engineering services, primarily serving clients of the Communications and Technology, Semiconductor and Software industries. Headquartered in Santa Clara, California, Aricent brings design and engineering capabilities to help its clients get to market faster, transform legacy products to digital and create new revenue opportunities.
The Simpson Thacher team for this transaction includes Mark Pflug, Andrew Edelen, Nathan Utterback and David Pupkin (M&A); James Cross (Credit); Jasmine Hay (Tax); Tristan Brown, Alex Ellebracht and Paul Barrus (ECEB); Lori Lesser and Linda Nyberg (Intellectual Property); and Peter Guryan, Richard Jamgochian and Ellen Frye (Antitrust).