Ropes & Gray Advises Cove Hill Partners in its Strategic Investment in Gamma Technologies, LLC
Ropes & Gray advised Cove Hill Partners, a long-term oriented private equity firm focused on backing management teams of market-leading companies, in its strategic investment in Gamma Technologies, LLC, a leading provider of engineering simulation software. The transaction was announced on May 10, 2018 and is expected to close at the end of June 2018, subject to customary closing conditions.
Founded in 1994, Gamma Technologies offers a highly sophisticated computer-aided engineering software, GT-SUITE, which is used by engineers to execute large-scale, integrated simulations of powertrain and vehicle systems.
The Ropes & Gray team was led by tax partners Aaron Harsh and Christopher Leich and private equity associate Alexander Boer.