07/26/2021 | News release | Distributed by Public on 07/27/2021 05:43
Clifford Chance advises Verlinvest on Valtech's new investment from BC Partners
Clifford Chance has advised Verlinvest, the Belgian investment group and former reference shareholder of Valtech, a global leader in digital services and business transformation, on Valtech's new investment from funds advised by BC Partners ('BC Partners'). Verlinvest and new Valtech management will also reinvest into the company. The transaction values Valtech at $1.4 billion and is subject to receipt of customary regulatory approvals.
Valtech employs more than 4,000 innovators, design thinkers, marketers, creatives and software engineers spanning five continents with 50+ offices in 18 countries. Valtech is growing rapidly, will deliver 30% revenue growth in 2021 and has sustaining strong annual revenue growth of 17% CAGR for the last ten years.
The Clifford Chance M&A team advising on the deal was led by Brussels-based corporate partner Niek De Pauw, along with corporate partners Katia Gauzès (Luxembourg) and Graham Phillips (London). They were assisted by associates Arthur Barbé, Gillis Waelkens, Frédérique Davister, Arvine Nooralian and Daniel Mutisya. Brussels-based tax partner Alexandre Ooms and senior associate Pierre-Olivier Van Caubergh provided tax advice, while Brussels-based partner Anastasios Tomtsis assisted by Panagiota Ilia Kourneta and Aleksander Tombiński advised on antitrust aspects. The transaction also involved the firm's Paris office.