CC Capital and Motive Partners’ Acquisition of Wilshire Associates

Skadden, Arps, Slate, Meagher & Flom LLP advised Wilshire Associates, while Kirkland represented CC Capital and Motive Partners on the deal.

CC Capital, a private investment firm focused on investing in and operating high-quality businesses for the long term, and Motive Partners, a specialist private equity firm focused on growth and buyout investments in technology-enabled financial services companies, entered into an agreement to acquire Wilshire Associates, a global investment technology and advisory company.

Since its founding by Dennis Tito in 1972, Wilshire has grown from an investment technology firm into a leading global advisory company specializing in investment products, consulting services, and technology solutions.

The Skadden team advising Wilshire included M&A partner David Hepp (New York; Picture) and counsel Justin Askew (New York); Tax partner Edward Gonzalez (New York) and associate Joseph Soltis (New York); Executive Compensation and Benefits partner Joseph Penko (New York); and National Security partner Michael Leiter (Washington, D.C.).

The Kirkland team advising CC Capital and Motive Partners was led by transactional partners Lauren Colasacco, Christopher Gandia and Douglas DiMedio, tax partners Benjamin Schreiner and Scott Fryman, debt finance partner Nicholas Schwartz, executive compensation partner Scott Price, and investment funds partners Robert Sutton and Aaron Ellias.

Involved fees earner: Lauren Colasacco – Kirkland & Ellis; Douglas DiMedio – Kirkland & Ellis; Aaron Ellias – Kirkland & Ellis; Scott Fryman – Kirkland & Ellis; Christopher Gandia – Kirkland & Ellis; Scott Price – Kirkland & Ellis; Benjamin Schreiner – Kirkland & Ellis; Nicholas Schwartz – Kirkland & Ellis; Robert Sutton – Kirkland & Ellis; Justin Askew – Skadden Arps Slate Meager & Flom; Edward Gonzalez – Skadden Arps Slate Meager & Flom; David Hepp – Skadden Arps Slate Meager & Flom; Michael Leiter – Skadden Arps Slate Meager & Flom; Joseph Penko – Skadden Arps Slate Meager & Flom; Joseph Soltis – Skadden Arps Slate Meager & Flom;

Law Firms: Kirkland & Ellis; Skadden Arps Slate Meager & Flom;

Clients: CC Capital Management LLC; Motive Partners; Wilshire Associates;

Author: Ambrogio Visconti