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Ropes & Gray Advises Summit Partners on Acquisition of UK-Based Masternaut

Practices: Private Equity, Tax, European Private Equity

Ropes & Gray advised Summit Partners on its joint venture with FleetCor to acquire UK-based Masternaut from Francisco Partners. Terms of the deal, which was announced June 4, were not disclosed. Masternaut is a leading European provider of telematics solutions to commercial fleet customers in 32 countries.

The cross-practice team from Ropes & Gray included private equity partner Newcomb Stillwell and tax partner Brenda Coleman, as well as private equity associate John Newton.

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