H.I.G. Capital’s Acquisition Of Hibu Group Limited

H.I.G. Capital's Acquisition Of Hibu Group Limited

Slaughter and May and Cravath, Swaine & Moore LLP advised Hibu Group Limited on the deal.

Hibu Group Limited, a leading provider of digital marketing solutions to local businesses across the United States and United Kingdom, executed the sale of its US business to an affiliate of H.I.G. Capital, a leading global alternative asset management firm.

The proposed sale is conditional on, amongst other things, United States antitrust clearance and is expected to complete in May 2021.

Slaughter and May, together with Cravath Swaine & Moore LLP, is supporting the in-house legal team at Hibu, led by Christian Wells (General Counsel, Company Secretary and Chief Risk Officer).

Slaughter and May’s team included Paul Dickson (Picture),  Partner, Katie Kershaw, Associate, Holly Abel, Associate, Heather Broadbent, Associate, Ed Fife, Partner, Steve Edge, Partner, Stephen Elhabbal, Associate, Phil Linnard, Partner, Hugh Gittins, Senior Counsel and Ian Brown, Senior Counsel.

The Cravath team was led by partners George F. Schoen, Daniel J. Cerqueira and Keith Hallam and included senior attorney Brittain A. Rogers and associates Michael A. Naclerio, Katharine A. Patterson and Eric S. Goodwin on M&A matters; partner Stephen M. Kessing and associate Cole DuMond on financing matters; partner Eric W. Hilfers and associate Daniel P. Herrmann on executive compensation and benefits matters; partner Christopher K. Fargo and associates Andrew T. Davis and Carlos Nicholas Obando on tax matters; senior attorney Joyce Law and practice area attorney Laurel R. Berkowitz on real estate matters; and associate Carys J. Webb on intellectual property matters. Armin Hoss also worked on M&A matters and Temiloluwa A. Dele-Dare worked on financing matters.

Involved fees earner: Laurel Berkowitz – Cravath Swaine & Moore; Daniel Cerqueira – Cravath Swaine & Moore; Andrew Davis – Cravath Swaine & Moore; Cole DuMond – Cravath Swaine & Moore; Christopher K. Fargo – Cravath Swaine & Moore; Eric Goodwin – Cravath Swaine & Moore; Keith Hallam – Cravath Swaine & Moore; Daniel Herrmann – Cravath Swaine & Moore; Eric Hilfers – Cravath Swaine & Moore; Armin Hoss – Cravath Swaine & Moore; Stephen Kessing – Cravath Swaine & Moore; Joyce Law – Cravath Swaine & Moore; Michael Naclerio – Cravath Swaine & Moore; Carlos Nicholas Obando – Cravath Swaine & Moore; Katharine Patterson – Cravath Swaine & Moore; Brittain Rogers – Cravath Swaine & Moore; George Schoen – Cravath Swaine & Moore; Carys Webb – Cravath Swaine & Moore; Holly Abel – Slaughter and May; Heather Broadbent – Slaughter and May; Ian Brown – Slaughter and May; Paul Dickson – Slaughter and May; Steve Edge – Slaughter and May; Stephen Elhabbal – Slaughter and May; Ed Fife – Slaughter and May; Hugh Gittins – Slaughter and May; Katie Kershaw – Slaughter and May; Phil Linnard – Slaughter and May;

Law Firms: Cravath Swaine & Moore; Slaughter and May;

Clients: Hibu Group Limited;

Author: Giulia Di Palma