Ropes & Gray is advising leading global investment firm Francisco Partners on its £175 million ($223.6 million) acquisition of AIM quoted Blancco Technology Group plc (“Blancco”).
Blancco is a market leader in secure data erasure and mobile lifecycle solutions with a core product offering of B2B secure data erasure software provided to enterprises, IT asset disposal vendors and the mobile industry.
The transaction was announced on 2 August 2023 and is expected to close in the last quarter of 2023.
The Ropes & Gray team included private equity associates Victoria Srivastava, Emilio Fabrizi, partner Rohan Massey, associate Catherine Keeling (data, privacy & cybersecurity), partner Alex Robb and associate Benjamin Cooper (finance), partner Zachary Blume (capital markets), and associate Emily Weiss-Cook (U.S. securities & public companies) in the U.S.
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