Ropes & Gray Advises New Client Pulsant on Acquisition of LayerV
International law firm Ropes & Gray has advised Pulsant – a third new client for the firm announced in recent weeks*- on its acquisition of LayerV, a specialist public cloud solution integration company, with a strong focus on compliance, security and cloud automation.
The acquisition, which completed today, gives Pulsant - a leading UK provider of hybrid cloud solutions - exclusive intellectual property around regulatory and cloud insight, strengthening its multi-cloud capabilities, particularly around continuous compliance and security, as well as its AWS offering. The new compliance solutions will be most beneficial to customers in the public sector, retail, legal and financial services where statutory compliance and data governance are critical, and where regulations such as PCI, ISO, GDPR and those set out by the FCA, must be adhered to.
The Ropes & Gray team was led by private equity partner Helen Croke. Other members of the team included private equity associates Phil Fogarty, Narsimh Singh and Robert Lister.
*In May 2017, Ropes & Gray advised Oakley Capital Investments on its investment in TechInsights, a US technology company that offers intellectual property consulting, patent brokerage services, and technical analysis. In June 2017, the firm advised Intermediate Capital Group (ICG) on the $5.3bn consortium buyout of Visma, Europe's largest ever software buyout. Both are new clients for the firm.