Ropes & Gray Represents Silver Lake Partners in Sale of Nasdaq OMX Stake

Ropes & Gray represented Silver Lake Partners in the sale of its entire 10.5 million-share stake in Nasdaq OMX stock, announced Feb. 8. Silver Lake, the second-biggest single investor in the exchange operator, sold its Nasdaq OMX stock for about $267.7 million, according to a filing with the Securities and Exchange Commission.

Boston-based corporate partner Julie Jones led the Ropes & Gray team on the transaction with assistance from New York-based corporate associate Kerith Fried.

Ropes & Gray has previously advised Silver Lake in its $8 billion acquisition of Avaya and its $11.3 billion leveraged buyout of SunGard Data Systems, among other transactions.

With one of the leading private equity practices in the world, Ropes & Gray’s lawyers have been involved in some of the most significant private equity deals of the last year, including representing TPG it its $3 billion acquisition of J.Crew Group, Inc.; Bain Capital in its $1.8 billion acquisition of Gymboree Corporation; US Oncology in a $2.16 acquisition by McKesson; a private equity consortium consisting of Berkshire Partners, Bain Capital and Advent International in the $1.1 billion leveraged buyout of SkillSoft; TPG in a co-investment with Goldman Sachs for the €1.2 billion secondary buyout acquisition of Ontex N.V.; and Thomas H. Lee Partners in its $1.1 billion acquisition of inVentiv Health.