Simpson Thacher represented the selling shareholders, including KKR, on the sale of 17,500,000 registered shares in SofwareONE Holding AG (“SoftwareONE”). The secondary offering, which was effected pursuant to a block trade by way of an accelerated book build, raised gross sale proceeds of CHF 350,000,000. The transaction closed on May 15, 2020.
SoftwareONE, headquartered in Switzerland, is a leading global provider of end-to-end software and cloud technology solutions. Its shares are listed on SIX Swiss Exchange.
The Simpson Thacher team included Nick Shaw, Clare Gaskell and J. John Lim (Corporate).