Intertrust’s $330 Million Acquisition Of Viteos


Simpson Thacher represented Intertrust N.V. (“Intertrust”) in connection with its acquisition of Viteos from PPC Enterprises LLC, FiveW Capital LLC (an affiliate of 22C Capital) and Viteos management, for an enterprise value of $330 million.

Viteos has its headquarters and sales team in the U.S. and is supported by Centers of Excellence in India.

Intertrust N.V. (“Intertrust”) is a leading global provider of expert administrative services to corporate, fund, capital markets and private wealth clients.

Jefferies LLC and Macquarie Capital (USA) Inc. acted as financial advisors, and Dechert LLP and Trilegal acted as legal advisors to Viteos.

Deutsche Bank acted as financial adviser and Simpson Thacher & Bartlett LLP acted as legal counsel to Intertrust.

The Simpson Thacher team for the transaction included Michael Wolfson (Picture), Todd Noelle, Beth DiSciullo and Justine Chiu (M&A); Antti Pesonen, Deborah El-Schaeddhaei and Kavita Davis (Financing); Larry Moss and Jake Phillips (Benefits); Lori Lesser and Alysha Sekhon (IP); Peter Guryan, Ellen Frye, Kelly Karapetyan and Ken Ehrhard (Antitrust); Drew Purcell and Sarah Katz (Tax); Krista McManus (Real Estate); Tim Mulvihill (Environmental); Steve DeLott (Insurance); Brian Gluck (U.S. Credit); and Abram Ellis, Mark Skerry and Joe Betteley (Regulatory). Summer Associate Russell Reed also provided invaluable assistance.

Involved fees earner: Joseph Betteley – Simpson Thacher & Bartlett; Justine Chiu – Simpson Thacher & Bartlett; Kavita Davis – Simpson Thacher & Bartlett; Steven DeLott – Simpson Thacher & Bartlett; Elizabeth Disciullo – Simpson Thacher & Bartlett; Kenneth Ehrhard – Simpson Thacher & Bartlett; Deborah El-Schaeddhaei – Simpson Thacher & Bartlett; Abram Ellis – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; Brian Gluck – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Laurence Moss – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Todd Noelle – Simpson Thacher & Bartlett; Antti Pesonen – Simpson Thacher & Bartlett; Jacob Phillips – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett; Mark Skerry – Simpson Thacher & Bartlett; Michael Wolfson – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Intertrust Group;