AHEAD’s Acquisition of RoundTower Technologies and Kovarus

Dechert advised AHEAD in the transaction. Taft Stettinius & Hollister LLP advised RoundTower Technologies on the deal.

AHEAD executed its acquisition of RoundTower Technologies and Kovarus. The acquisitions will create scale, national reach and a more holistic services portfolio for AHEAD, resulting in a business with over 1,000 employees and $2.1 billion in gross revenues.

This follows the recent announcement of Centerbridge Partners’ acquisition of AHEAD from Court Square Capital Partners. The Kovarus, RoundTower and Centerbridge transactions are expected to close at the end of October 2020.

AHEAD is a leading provider of platforms for digital business. RoundTower Technologies delivers innovative solutions and services in the areas of data center infrastructure, converged platforms, cloud automation and orchestration, DevOps, data analytics and cyber security. Kovarus is a systems integrator that helps companies modernize and automate IT.

The Dechert Team advising AHEAD included corporate partners Ken Young (Picture) and Bernardo Piereck and associates Sean Herron, Avryl Klich, Michael Balent, Nicole Holden, John Stanley and Daniel Mozes; finance partner Sarah Gelb and associate Emily Lozada; antitrust partner James Fishkin and counsel Beverly Ang; labor counsel Jeffrey Rubin; tax partner Edward Lemanowicz; environmental special counsel John Ix; real estate special counsel Francois Quintard-Morenas; and employee benefits partner Eric Rubin.

Taft’s legal team was led by partner Jeremy Hayden and included Ben Hager, Michael Laing, Christopher Fowler, Elijah Hammans, Tracey Puthoff, Todd Lady, Eleanor German, Kate Mascarenhas, Kiamesha Colom, Dan Warncke and Lourdes Perrino.

Involved fees earner: Beverly Ang – Dechert; Michael Balent – Dechert; James Fishkin – Dechert; Sarah Gelb – Dechert; Sean Herron – Dechert; Nicole Holden – Dechert; John Ix – Dechert; Avryl Klich – Dechert; Edward Lemanowicz – Dechert; Emily Lozada – Dechert; Daniel Mozes – Dechert; Bernardo Piereck – Dechert; Francois Quintard-Morenas – Dechert; Eric Rubin – Dechert; Jeffrey Rubin – Dechert; John Stanley – Dechert; Kenneth Young – Dechert; Kiamesha-Sylvia Colom – Taft Stettinius & Hollister; Christopher Fowler – Taft Stettinius & Hollister; Eleanor German – Taft Stettinius & Hollister; Benjamin Hager – Taft Stettinius & Hollister; Elijah Hammans – Taft Stettinius & Hollister; Jeremy Hayden – Taft Stettinius & Hollister; Todd Lady – Taft Stettinius & Hollister; Michael Laing – Taft Stettinius & Hollister; Katharine Mascarenhas – Taft Stettinius & Hollister; Lourdes Perrino – Taft Stettinius & Hollister; Tracey Puthoff – Taft Stettinius & Hollister; Daniel Warncke – Taft Stettinius & Hollister;

Law Firms: Dechert; Taft Stettinius & Hollister;

Clients: AHEAD; RoundTower Technologies;

Author: Ambrogio Visconti