Ropes & Gray Advises Bain on $1 Billion Stake in Genpact
A team of Ropes & Gray attorneys advised Bain Capital Partners on a $1 billion transaction to buy a 30 percent stake in Indian outsourcing technology manager Genpact Ltd. from General Atlantic LLC and Oak Hill Capital Partners LP. The agreement was announced on August 1 and is expected to close after the payment of a special dividend to all Genpact shareholders.
The Ropes & Gray team was led by private equity partners Will Shields and Newk Stillwell, finance partner Byung Choi and tax partners Chris Leich, David Saltzman and Rom Watson. The team also included antitrust counsel Deidre Johnson; private equity associates Mike Roh and Michael Gilbert; tax & benefits associate Sarah Hertzog; finance associate Patricia Lynch; and private investment funds associate Leslie Garbarino.