Simpson Thacher has represented funds managed by EQT in connection with their syndication to institutional co-investors of equity interests in (i) Avetta, LLC, which was acquired by the EQT X fund from Welsh, Carson, Anderson & Stowe and (ii) Zeus Company, Inc., which was acquired by the EQT X fund from the Tourville family.
Avetta’s innovative SaaS platform is the world’s largest supply chain risk management network. With 12 offices around the globe and more than 750 employees, Avetta’s global network spans over 130 countries, empowering over 500 hiring clients and 130,000 contractors to reduce accidents, improve compliance rates, and achieve higher levels of operational, sustainability, and ethical excellence.
Zeus, headquartered in Orangeburg, South Carolina, is the world’s leading polymer extrusion and catheter design manufacturer. With over 55 years of experience in medical, aerospace, energy, automotive, fiber optics, and other leading industries, Zeus’s mission is to provide solutions, enable innovation, and enhance lives. Zeus employs over 2,400 people worldwide and serves over 300 customers in more than 100 countries.
EQT is a purpose-driven global investment organization with EUR 242 billion in total assets under management (EUR 132 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.
The Simpson Thacher team includes: Beth Cowen, Vandana Harris, Michael Strachan, Jina Woo, Tomas Guilliatt-Griggs and Anushka Mehta (Private Funds); and William Smolinski, Preston Irace and Darius Meehan (Tax).