11 March 2021
Deals | France | Corporate/M&A
Gide advises Talend, a French company listed on the Nasdaq Market in the United States leader in data integration and data integrity, on signing a Memorandum of Understanding for its potential acquisition by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors.
This acquisition is to be carried out by way of a tender offer in cash on all of the outstanding ordinary shares and American Depositary Shares of Talend for $66.00 per ordinary share and American Depositary Shares.
The offer values Talend at approximately $2.4 billion.
Gide’s team advising Talend is led by partners David-James Sebag, Antoine Tézenas du Montcel and Arnaud Duhamel with the assistance of, in Paris, Foulques de Rostolan, partner (on employment aspects), Magali Buchert and Paul de France, partners (on tax aspects), and Caroline Lan, partner (on ESOP aspects), Elise Bernard, Julien Negroni and Anaïs Roudel, associates (on corporate/M&A aspects), and, in New-York, Sarah Doray and Mélanie Simon, associates (for the corporate/M&A aspects).
Wilson Sonsini Goodrich & Rosati, P.C. and Loyens & Loeff respectively advises the company on the U.S. and Dutch law aspects of the transaction. Thoma Bravo is advised by Kirkland & Ellis, LLP, assisted by Jeantet and Houthoff.