Milbank, Tweed, Hadley & McCloy LLP advised the EQT Mid Market investment strategy in its acquisition of XP Solutions, a global provider of water infrastructure design and flood control software.
EQT, based in Stockholm, is a leading global private equity investor, with approximately €30 billion in raised capital and portfolio companies in Europe, Asia, and the US. XP Solutions provides water infrastructure and flood control software solutions to engineers, regulators, and water authorities. The Company is headquartered in the US and has over 60 employees in North America, Europe, Australia, and Asia.
Terms of the acquisition are confidential.
The Milbank team advising EQT Mid Market was led by Corporate partner Brien Wassner with associates Nehal Siddiqui and Lorin Kolcun; Tax special counsels Max Goodman and Matthew Mortimer; Benefits and Compensation partner Mike Shah and associate James Beebe; Corporate partner Nicholas Smith; Intellectual Property associate Nathaniel Browand; London-based Corporate partner Stuart Harray and associates Helen Sutcliffe and James Mackay; and Singapore-based corporate partner Jacqueline Chan.
Mr. Wassner previously advised EQT Mid Market in its December 2015 acquisition of FocusVision, a U.S.-based provider of technology services in the marketing research and intelligence fields.
About Milbank
Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC. Milbank’s lawyers collaborate across practices and offices to help the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.
