Simpson Thacher is advising New Mountain Capital on a significant minority investment into Appleby Global Group LLC (“Appleby”), a leading offshore legal and corporate services platform, to accelerate Appleby’s growth strategy.
Under the terms of the agreement, New Mountain Capital will take a minority interest in a newly established company in the Cayman Islands that will indirectly hold Appleby Global Group LLC. Appleby Global Group LLC operates as a managed service organization (MSO) for Appleby’s law firms and the owner of the Appleby Global Services entities in compliance with local regulations.
The Simpson Thacher team includes Clare Gaskell, Nick Appleton, James Evelegh, Edward Wilson, Amy Wang, Leo Hutchings, Robyn Wells and George Hazell (M&A); Ben Schaye, Timothy Gaffney, Scott Turtur and Owen Cooper (M&A – U.S.); John M. Ilardo, Dan Peach, Elizabeth Kates, Denis A. Durkin, Zahra Paran, Mary Cao, and Ryan Callahan (Credit); Kate E. Mirino and Tally Smitas (IP/ Privacy), Abram J. Ellis and Christine Tillema (Sanctions); Emma Rachmaninov, Suliat Ogunyinka and Satvik Shroff (Regulatory); Étienne Renaudeau, Marija Momic and Lucy Johnson (Antitrust) and Andrew Purcell and Roberto Arza (Tax – U.S.).