News

Oakley Capital Acquire Ekon

London – Paul Hastings LLP, a leading global law firm, announced today that the firm has represented Oakley Capital, a leading Western Europe-focused private equity firm, on its Fund III acquisition of Ekon.

Ekon is a Spanish provider of enterprise resource planning software, with the acquisition structured as a carve-out from the Iberian operations of its seller, Unit4. The full company announcement is available

.

The Paul Hastings team included corporate partner

 and corporate associates

David Prowse

 and

Aimée Fabri

 alongside tax associate

Jiten Tank

. Uría Menéndez, led by corporate partner Juan Carlos Machuca and corporate associate Alvaro Hernandez advised on the Spanish law aspects of the transaction.

This is Paul Hastings’

.  Anu Balasubramanian commented “We are delighted to have advised our long-standing client Oakley on their latest investment in the TMT sector and their first investment in Spain. This carve-out transaction involved multiple practice groups within Paul Hastings and close collaboration with the Uria team to help achieve a successful outcome for our client.”

Since April 2018, the London office of Paul Hastings has advised private equity sponsors on more than 10 closed deals, with a total transaction value in excess of €6 billion.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.