One Equity Partners’ Acquisition of a Majority Share in Ericsson Media Solutions


Paul, Weiss represented Ericsson in the divestment of its media business

One Equity Partners, a leading middle market private equity firm, today announced that it has signed an agreement to acquire a majority stake in Media Solutions, a global provider of media processing, delivery and TV service platforms, from Ericsson (NASDAQ: ERIC). Ericsson will continue to own a 49% stake in the Company. Additional terms of the private transaction were not disclosed.

Over the last several years, Ericsson has transformed Media Solutions’ products with a cloud-enabled, standards-based, integrated end-to-end roadmap. The overall mission has been to advance video service delivery with state-of-the-art infrastructure and software. At the same time, all products and operations have been upgraded to match Ericsson’s carrier-grade standards for reliable telecommunications operations and services.

Upon completion of this transaction, Media Solutions will be positioned as a premier independent pure-play video software technology vendor. Today, all of Media Solutions’ next-generation software products, platforms and services have been reengineered to support rapidly evolving media consumption patterns with microservices-based software and managed services that can be deployed flexibly in both public and private cloud infrastructures. Media Solutions delivers these products and services at scale to:

OEP is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 150 transactions worldwide.


The Paul, Weiss team included corporate partners Ross Fieldston (Picture), Jeffrey Marell and Monica Thurmond and counsel Ji Lu; tax partner David Sicular; intellectual property partner Chuck Googe and counsel Jonathan Ashtor; employee benefits partner Lawrence Witdorchic and counsel Reuven Falik; bankruptcy partner Stephen Shimshak; antitrust counsel Marta Kelly; and international trade counsel Richard Elliott.

Involved fees earner: Ross Fieldston – Paul Weiss Rifkind Wharton & Garrison; Jeffrey Marell – Paul Weiss Rifkind Wharton & Garrison; Monica Thurmond – Paul Weiss Rifkind Wharton & Garrison; Ji Lu – Paul Weiss Rifkind Wharton & Garrison; David Sicular – Paul Weiss Rifkind Wharton & Garrison; Charles Googe – Paul Weiss Rifkind Wharton & Garrison; Jonathan Ashtor – Paul Weiss Rifkind Wharton & Garrison; Lawrence Witdorchic – Paul Weiss Rifkind Wharton & Garrison; Reuven Falik – Paul Weiss Rifkind Wharton & Garrison; Stephen Shimshak – Paul Weiss Rifkind Wharton & Garrison; Marta Kelly – Paul Weiss Rifkind Wharton & Garrison; Richard Elliott – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Ericsson;

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Author: Ambrogio Visconti