The Firm represented EQT AB ("EQT") on regulatory matters in connection with the acquisition of CICAP Limited ("Coller Capital"), a leading global secondaries firm with nearly $50 billion in total assets under management across institutional, private wealth and insurance-related capital. The transaction value is up to $3.7 billion – $3.2 billion base consideration and up to $500 million in contingent consideration based on performance.
The transaction brings together EQT’s global scale, established multi-strategy platform and active ownership model with Coller Capital's specialist secondaries expertise, data and analytics capabilities developed over a 35-year history and a track record of consistently delivering strong investment performance and innovative solutions across secondaries.
The Simpson Thacher team includes Josh Buckland, Henry Llewellyn, Dani Rabinowitz, Giovanna De Cristofaro and Dimitrios Nikolaidis (Antitrust and Foreign Direct Investment); Mark Skerry, Michael Kalinin, Liam Murray and Sean Boyle (Foreign Direct Investment- U.S.); and Sara Razi, Kelly Karapetyan, Nathaniel Bronstein and Max Fischer-Zernin (Antitrust- U.S.).