Autodesk’s $1 Billion Acquisition of Innovyze

Sidley Austin LLP advised EQT Partners on the deal.

EQT announced that EQT Private Equity, through the EQT Mid Market US fund, has agreed to sell Innovyze (“the Company”) to Autodesk (NASDAQ: ADSK) for $1 billion net of cash subject to working capital and tax closing adjustments. 

The transaction is subject to customary closing conditions and is expected to close during Autodesk’s first quarter of Fiscal Year 2022, ending April 30, 2021.

Autodesk, Inc. supplies PC software and multimedia tools. The Company’s two-dimensional and three-dimensional products are used across industries and in the home for architectural design, mechanial design, geographic information systems and mapping, and visualization applications. 

The Sidley Austin team included Brien Wassner (Picture),
Sagar Sritharan, Emily Hunter, Lanna Lan, Jake McDonough, Fatema Orjela, Marcus Wethered, Benjamin Rosemergy, Karim Pirani, Laura Barzilai, Oliver Currall, Tara Lancaster, Jason Menzies, Laurence Wilcock, Alan Charles Raul, Lauren Kitces, Angela Fontana, Robert Charles Davidson, Jennifer Coplan, E. Kyle Barnett, Karen Kazmerzak, Miriam Carroll Silvestri, Barbara Broussard, Eric Solovy, Riana Terney, Susan Fanning, Chris Morgan, Colleen Lauerman and Brendan Smith.

 

 

Involved fees earner: Kyle Barnett – Sidley Austin LLP; Laura Barzilai – Sidley Austin LLP; Barbara Broussard – Sidley Austin LLP; Jennifer Coplan – Sidley Austin LLP; Oliver Currall – Sidley Austin LLP; Robert Charles Davidson – Sidley Austin LLP; Susan Fanning – Sidley Austin LLP; Angela Fontana – Sidley Austin LLP; Emily Hunter – Sidley Austin LLP; Karen Kazmerzak – Sidley Austin LLP; Lauren Kitces – Sidley Austin LLP; Tara Lancaster – Sidley Austin LLP; Lanna Lan – Sidley Austin LLP; Colleen Lauerman – Sidley Austin LLP; Jason Menzies – Sidley Austin LLP; Chris Morgan – Sidley Austin LLP; Fatema Orjela – Sidley Austin LLP; Karim Pirani – Sidley Austin LLP; Alan Charles Raul – Sidley Austin LLP; Benjamin Rosemergy – Sidley Austin LLP; Miriam Carroll Silvestri – Sidley Austin LLP; Brendan Smith – Sidley Austin LLP; Eric Solovy – Sidley Austin LLP; Sagar Sritharan – Sidley Austin LLP; Riana Terney – Sidley Austin LLP; Brien Wassner – Sidley Austin LLP; Marcus Wethered – Sidley Austin LLP; Laurence Wilcock – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: EQT Partners;

Author: Martina Bellini