Ropes & Gray Represents Aquiline Capital Partners in its Investment in PrimePay
Ropes & Gray represented Aquiline Capital Partners in its investment in PrimePay, a national payroll, human capital management and benefit services company. Terms of the transaction, which was announced on April 5, were not disclosed. The press release is here.
Founded more than 35 years ago, PrimePay offers payroll and HR technology solutions to help small and medium sized companies with employee lifecycle management. Aquiline Capital Partners is a private investment firm based in New York and London with $6.1 billion in assets under management.
The Ropes & Gray team that represented Aquiline Capital Partners was led by private equity partner Scott Abramowitz, and included finance partner Andrea Hwang, tax partner Adam Greenwood (all of New York), tax counsel Alyssa Kollmeyer (Boston), employment, executive compensation & benefits partners Danna Kivell and Joshua Lichtenstein, IP transactions partner Violetta Kokolus, litigation & enforcement partner David Hennes (all of New York), health care partner Timothy McCrystal (Boston), and business restructuring partner Cristine Pirro Schwarzman (New York).