Fried, Frank, Harris, Shriver & Jacobson LLP

07/15/2021 | Press release | Archived content

Francisco Partners to Sell a Majority Stake in LiveU to Carlyle

Fried Frank acted as counsel to Francisco Partners and its portfolio company LiveU, an Israel headquartered, leading provider of pioneering portable cellular backpack solutions for reliable video steaming and live broadcasting using high efficiency video coding technology in the sale of a majority stake in LiveU to The Carlyle Group. Under the terms of the deal, Francisco Partners will retain a substantial minority shareholding in LiveU. .

The Fried Frank team was led by corporate partner Dan Oates and corporate associate Angela Becker and included corporate partner Jons Lehmann; antitrust and competition partner Tobias Caspary; intellectual property and technology partner Amir Ghavi;?? tax partners Nick Thornton and Eli Weiss; corporate associates Adrian Packer and Cormac McGrady; antitrust and competition associates Annalie Grogan and Neda Moussavi; tax associates Richard Pilgrim and Tzvi Weiss; and intellectual property and technology associate Kimberly Mihovics.