Eversheds Advises Noble Systems on Latest Transaction

Eversheds Sutherland is pleased to announce that it represented client Noble Systems, a global leader in omnichannel contact centre technology solutions, in a merger with enterprise contact solutions provider Aspect Software, a portfolio company of Vector Capital.

The companies will form Alvaria™, a new global company delivering optimised customer experience and workforce engagement software and cloud services technology solutions.

Abry Partners, a Boston-based private equity firm, spearheaded the merger and is now the majority owner of the combined company. Vector Capital, owner of Aspect, will continue as minority equity holder. The total value of the combined transaction is over $1 billion.

Corporate Partner Michael J. Voynich led the Eversheds Sutherland team, which included Partners Michael A. Hepburn, Mark D. Herlach, M. Hill Jeffries, Wes Sheumaker, Jeremy D. Spier, Counsel Jessica A. Rissmiller, Rebecca A. Gelfand, and Associates Amy Chen, Caitlyn G. Naylor, Ellen Roberts, and Laura A. Taylor.

Eversheds Sutherland Overview

With more than 700 attorneys worldwide, Eversheds Sutherland’s global mergers and acquisitions team provides pragmatic advice and comprehensive support that enables clients to evaluate, structure and complete transactions across a broad spectrum of industries.

The team combines decades of experience with in-depth knowledge of local and cross-border practices. Wherever the transaction is led from, we provide a seamless and integrated worldwide service.

Our attorneys are well versed in the unique requirements of mergers, tender offers, stock and asset acquisitions, corporate restructurings, spin-offs, recapitalisations and other deal structures. We negotiate and establish alliances, joint ventures and other partnering relationships. In addition, we develop innovative approaches to implement other tailored commercial relationships.

Our global mergers and acquisitions team advises clients across a broad range of sectors including financial services, insurance, payment systems, technology, communications, energy, industrials, consumer products, professional services, health care and eCommerce. We understand regulatory frameworks and the impact on transactions of the key issues that affect your business. This in-depth sector knowledge allows us to add real value to the mergers and acquisitions process.

Law Firms Agree GBP 30 Million Revenue Target

Revenue target means the amount of actual gross revenues, indicated on schedule A hereto, to be derived by the company from sales of its products and services to customers generated by the agent.

Illiffes Booth Bennett Solicitors has brought its 17 specialist practice areas together with full service law firm Turbervilles Solicitors. The deal was completed last week and the new law firm will go under the name IBB Solicitors.

All Turbervilles employees and the firm’s five partners will move to IBB’s offices in Uxbridge, north west London. The merged firm will be led by managing partner Joanna DeBiase with Turbervilles’ former managing partner, Russell Hallam, joining the IBB leadership team from January 2018.

Joanna DeBiase said: “Since developing our long-term vision in 2016, we have been looking at ways to make our firm more resilient. Mergers are one of the ways to achieve growth as long as both firms share the same culture and values.

At the core, both of our firm’s philosophies have always been about listening to our clients to get a really good understanding of how we can help them.”

The combined firm now aims to grow revenue to £30m by 2023 through the joining of practices working in different sectors.

Russell Hallam added: “Like IBB, we were keen to find a partner to boost our service offering to our clients who are mostly based in West London and the surrounding regions.

‘I am in no doubt that our clients will benefit from the combined and distinctive service offering now that two firms have become one.”