Orogen Group’s $108 Million Investment in Virtusa


Davis Polk advised The Orogen Group on its $108 million strategic equity investment in newly issued convertible preferred stock of Virtusa Corporation.

The Orogen Group is a new operating company that was created by Vikram Pandit and Atairos Group, an independent private company focused on supporting growth-oriented businesses. Virtusa is a global provider of information technology consulting and outsourcing services that accelerate business outcomes for companies and leading software vendors.

The corporate team included partner Louis Goldberg (Picture) and associates Faizan A. Tukdi, Brian Russell and Jenny Ge. Partner Mark M. Mendez and associates Katharine O’Banion and Barry J. Gewolb provided capital markets and derivatives advice. Partner Avishai Shachar provided tax advice. Counsel Ann Becchina provided executive compensation advice. Counsel Mary K. Marks provided antitrust and competition advice.

Involved fees earner: Louis Goldberg – Davis Polk & Wardwell; Faizan Tukdi – Davis Polk & Wardwell; Brian Russell – Davis Polk & Wardwell; Jenny Ge – Davis Polk & Wardwell; Mark Mendez – Davis Polk & Wardwell; Katharine O’Banion – Davis Polk & Wardwell; Barry Gewolb – Davis Polk & Wardwell; Avishai Shachar – Davis Polk & Wardwell; Ann Becchina – Davis Polk & Wardwell; Mary Marks – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Orogen Group;

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Author: Ambrogio Visconti