Ogier advises on $6.8bn combination with Jersey firm

Tuesday 04 August 2020

Ogier has advised Clarivate on its $6.8bn combination with CPA Global.

Headquartered in Jersey, CPA Global provides IP management and technology solutions to more than 12,000 law firms and corporate customers.

Clarivate has signed a definitive agreement with the current investors in CPA Global - which includes Leonard Green and Partners, LP and funds managed by Castik Capital and Partners Group - to combine with CPA Global.

 The all-stock transaction is expected to close in the fourth quarter of 2020.

Corporate Law Partner, Richard Daggett (pictured) led the Ogier team which comprised Partners Jonathan Hughes, Matthew Shaxson and Edward Mackereth as well as Director of Local Legal Services Helen Ruelle. They were further assisted by Katherine Neal, Katharine Marshall, Alan Stirling and Will Austin-Vautier and provided Jersey legal advice to Clarivate as part of the transaction.

Davis Polk and Wardwell LLP acted as lead counsel to Clarivate in respect of this transaction.

Ogier had previously assisted Clarivate on its listing on NYSE.

Mr Daggett said: "We are delighted to have advised our longstanding client Clarivate as part of such a significant transaction. As a global business headquartered in Jersey, we were able to demonstrate the breadth of Ogier's expertise across all areas, including corporate, employment, pensions, property and competition law."