Aptean, Inc.’s £90 Million Recommended Cash Offer For Sanderson Group plc

Osborne Clarke has advised Raymond James Financial International in its capacity as financial adviser to Aptean, Inc., advised by Orrick, in connection with its £90 million recommended cash offer for UK AIM-quoted Sanderson Group plc to be effected by means of a scheme of arrangement.

The acquisition is expected to complete in the third quarter of 2019.

Sanderson is a specialist provider of digital technology solutions, innovative software and managed services for the retail, wholesale, supply chain logistics, food and drink processing and manufacturing market sectors.

Aptean is a global provider of mission-critical, industry-specific software solutions and whose purpose-built enterprise resource planning and supply chain management solutions help address the unique challenges facing process and discrete manufacturers, distributors and other similarly focused organisations.

The London-based Orrick team advising Aptean was led by M&A and private equity partners James Connor (Picture) and Dan Wayte with assistance by Charles Sheldon, Stephen McNeill, Christina Hatinoglu, Kirstie Parr and Ian Shaw.

The Osborne Clarke team advising Raymond James Financial International was led by corporate finance Partner Jonathan King, assisted by Senior Associate Ed Nisbet.

Involved fees earner: Daniel Wayte – Milbank; James Connor – Orrick; Christina Hatinoglu – Orrick; Stephen McNeill – Orrick; Kirstie Parr – Orrick; Ian Shaw – Orrick; Charles Sheldon – Orrick; Daniel Wayte – Orrick; Jonathan King – Osborne Clarke; Ed Nisbet – Osborne Clarke;

Law Firms: Milbank; Orrick; Osborne Clarke;

Clients: Aptean; Raymond James Financial, Inc.;