Ropes & Gray Advises Bain Capital Special Situations in its Sale of a Minority Stake in Douzone Bizon

In The News
May 23, 2024

Ropes & Gray has advised Bain Capital Special Situations in its sale of a minority stake in Douzone Bizon to Shinhan Value Up the First, Co., Ltd.

Douzone Bizon is a leading enterprise resource planning (ERP) software developer based in South Korea that provides ERP software for internal corporate functions such as payroll management, accounting, and logistics. The transaction was announced on April 25, 2024 and closed on May 2, 2024. Ropes & Gray also represented Bain Capital Special Situations in its investment of Douzone Bizon in 2021.

The Ropes & Gray team advising Bain Capital Special Situations included private capital transactions partner Jaewoo Lee, with counsel Keun Shin and associate Ethan Kim. This transaction was supported by litigation & enforcement counsel Tina Wu, private capital transactions associate Alice Sun, and litigation & enforcement associate Slava Iavorskyi.