Global law firm Ropes & Gray has advised Bain Capital Private Equity on its acquisition of NGA UK – a leading UK-based software provider of payroll and HR solutions – from NGA Human Resources.
The financial terms of the proposed transaction, which is expected to close in early 2018 subject to anti-trust and FCA approvals, have not been disclosed.
The Ropes & Gray team was led by private equity partner Will Rosen, with tax partner Brenda Coleman, IP transactions partner Rohan Massey and private equity partners John Newton and Kiran Sharma, all based in the firm’s London office.
It is the fourth deal that Ropes & Gray has advised Bain Capital on in the past two weeks. The firm advised Bain Capital on its USD18 billion acquisition of Toshiba’s chip business that announced on 28 September, the EUR2.27 billion sale of Carver Korea to Unilever, which announced on 25 September, and the 49 per cent sale of mushroom producer Yukiguni Maitake to a Japanese food company, which closed on 30 September.
