San Francisco – Paul Hastings, a leading global law firm, represented Francisco Partners in its definitive agreement to acquire the international business segment of CDK Global, a leading provider of automotive retail software solutions in EMEA and Asia, for $1.45 billion.
The transaction, which is expected to close in the first quarter of 2021, is subject to customary closing conditions and regulatory approvals.
The Paul Hastings team was led by Private Equity Partners Dana Kromm and Mike Kennedy, and included partner Anu Balasubramanian, and associates Tiffany Jones, Jamie Holdoway, and Rebecca Denton.
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