Freshfields Bruckhaus Deringer has advised Cinven, the international private equity firm, on its agreement to sell Northgate Public Serviced Limited (‘NPS’) for £475 million to NEC Corporation.
Acquired by Cinven in December 2014, NPS is a leading provider of mission-critical software and intellectual property-led services to the property sector in the UK, Australia and Canada. NPS is headquartered in the UK and has more than 2000 staff worldwide.
NEC is a leader in the integration of IT and network technologies that benefit businesses and people worldwide. The acquisition by NEC is set to deliver significant growth opportunities to NPS, capitalising on NEC’s biometric and artificial intelligence technology as well as its global network across North America, Asia Pacific and other regions.
The Freshfields team was led by partners Adrian Maguire (picture), alongside Victoria Sigeti, Chris Davis and Helen Lethaby.
Involved fees earner: Adrian Maguire – Freshfields Bruckhaus Deringer LLP; Victoria Sigeti – Freshfields Bruckhaus Deringer LLP; Christopher Davis – Freshfields Bruckhaus Deringer LLP; Helen Lethaby – Freshfields Bruckhaus Deringer LLP;
Law Firms: Freshfields Bruckhaus Deringer LLP;