Deal Closed | Charlesbank Capital Partners, LLC | Investment in Aptean Inc.

The details of the deal are: 

Sector: IT and ITES

Announcement date: 23rd June 2020

Completion date: 24th August 2020

Name of client:  Charlesbank Capital Partners, LLC 

Charlesbank Capital Partners is an experienced middle-market private equity firm with offices in Boston and New York City. The Firm flagship vehicles invest across a range of industries, supporting skilled management teams in building strong businesses, primarily in the United States.

Deal description: Advised funds affiliated with Charlesbank Capital Partners in its investment in Aptean Inc., a global provider of mission-critical, industry-specific enterprise resource planning and supply chain solutions. Charlesbank joined existing investors TA Associates and Vista Equity Partners as institutional shareholders in Aptean. 

Total consideration: Confidential 

Team members: The core transaction team comprised of Rabindra Jhunjhunwala (Partner) and Kevin Shah (Senior Associate) who advised on the corporate aspects of the transaction and Vinay Joy (Partner), Luv Mohan Saggi (Associate) and Srishti Ramkrishnan (Associate) who advised on the Employment, Labour and Benefits aspects of the transaction.

Subramaniam Ramaswamy (Consultant) assisted on the corporate secretarial aspects of the transaction.

Role of firm: The Firm acted as Indian counsels to Charlesbank Capital Partners, LLC.

Other legal advisors: ROPES & GRAY LLP