Hitachi’s $9.5 Billion Acquisition of GlobalLogic

Kirkland & Ellis advised GlobalLogic Inc. on the deal, while Shearman & Sterling advised Hitachi.

GlobalLogic Inc., a leading digital engineering services company, and a portfolio company of Canada Pension Plan and Partners Group, executed its sale to Hitachi, Ltd. (TSE: 6501) for an enterprise value of $9.5 billion.

Hitachi, headquartered in Tokyo, Japan, is focused on its Social Innovation Business that combines information technology, operational technology and products.

Through the acquisition, the addition of GlobalLogic’s advanced digital engineering capabilities, and its solid client base including major technology companies, will strengthen the digital capabilities of Hitachi’s “Lumada” portfolio. The transaction is subject to customary conditions and is expected to be completed by the end of July 2021.

The Kirkland team advising GlobalLogic was led by corporate partners Srinivas Kaushik (Picture), Matthew O’Brien, Abhishek Kolay and Arlene Ortiz-Leytte, tax partners Mike Carew and Polina Liberman, and national security partners Ivan Schlager and Nathan Mitchell.

Shearman & Sterling advised Hitachi with Daniel Mitz, Alain Dermarkar, Robert J. Cardone, Robert D. Bucella, Kyle Park, Efren Lemus, Domenic Frappolli, Emily Greenwood, Doreen E. Lilienfeld, Sam Whitaker, Matthew Behrens, Annie P. Anderson, Teri Tillman, Manonh L. Soumahoro, Jordan Altman, Emma Maconick, Benjamin Petersen, Marc Elzweig, Sophie Zander, Larry Crouch, Austin Jones, Ben Gris, John M. Beahn, Matthew Readings, Sara Ashall, Jonathan Cheng, Ryan Leske, Ruba Noorali, and Edward Rarity.

Involved fees earner: Mike Carew – Kirkland & Ellis; Srinivas Kaushik – Kirkland & Ellis; Abhishek Kolay – Kirkland & Ellis; Efren Lemus – Kirkland & Ellis; Polina Liberman – Kirkland & Ellis; Nathan Mitchell – Kirkland & Ellis; Matthew O’Brien – Kirkland & Ellis; Arlene Ortiz-Leytte – Kirkland & Ellis; Ivan Schlager – Kirkland & Ellis; Jordan Altman – Shearman & Sterling; Annie Anderson – Shearman & Sterling; Sara Ashall – Shearman & Sterling; John Beahn – Shearman & Sterling; Matthew Behrens – Shearman & Sterling; Robert Bucella – Shearman & Sterling; Robert Cardone – Shearman & Sterling; Jonathan Cheng – Shearman & Sterling; Larry Crouch – Shearman & Sterling; Alain Dermarkar – Shearman & Sterling; Marc Elzweig – Shearman & Sterling; Domenic Frappolli – Shearman & Sterling; Emily Greenwood – Shearman & Sterling; Ben Gris – Shearman & Sterling; Austin Jones – Shearman & Sterling; Ryan Leske – Shearman & Sterling; Doreen Lilienfeld – Shearman & Sterling; Emma Maconick – Shearman & Sterling; Daniel Mitz – Shearman & Sterling; Ruba Noorali – Shearman & Sterling; Kyle Park – Shearman & Sterling; Benjamin Petersen – Shearman & Sterling; Edward Rarity – Shearman & Sterling; Matthew Readings – Shearman & Sterling; Manonh Soumahoro – Shearman & Sterling; Teri Tillman – Shearman & Sterling; Sam Whitaker – Shearman & Sterling; Sophie Zander – Shearman & Sterling;

Law Firms: Kirkland & Ellis; Shearman & Sterling;

Clients: GlobalLogic Inc.; Hitachi Ltd;

Print Friendly, PDF & Email

Author: Martina Bellini