ESW Capital’s $462 Million Acquisition of Jive

Davis Polk is advising Morgan Stanley as financial adviser to Jive Software, Inc. in connection with its approximately $462 million acquisition by ESW Capital, LLC, through its affiliate Wave Systems.

ollowing the acquisition, Jive will become a part of the Aurea family of companies. The acquisition is subject to customary closing conditions, including a majority of the outstanding shares having been tendered in the tender offer and regulatory approvals, and is expected to close in June 2017.

Jive is a leader in accelerating workplace digital transformation for organizations, enabling people to work better together. Aurea provides the technology platform and worldwide delivery capability to enable companies to build, execute, monitor and optimize the end-to-end customer journey across a diverse range of industries.

The Davis Polk corporate team includes partner Stephen Salmon (Picture) and associate Connie Y. Lam.

Involved fees earner: Stephen Salmon – Davis Polk & Wardwell; Connie Lam – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Morgan Stanley;


Author: Ambrogio Visconti