Paul Hastings Represents Accelrys in the Acquisition of QUMAS Limited
December 10, 2013
London, UK -- Paul Hastings LLP, a leading global law firm, represented Accelrys, Inc., the NASDAQ-listed leading provider of scientific innovation lifecycle management software, in the acquisition of Ireland-based QUMAS, a leading global provider of Cloud-based and on-premises enterprise compliance software supporting regulatory and quality operations in life sciences and other highly regulated industries. The acquisition was made by Accelrys, Inc.’s wholly owned subsidiary, Accelrys Software, Inc. for a cash consideration of approximately $50 million, subject to working capital and other adjustments.
The Paul Hastings team was led by London M&A partner Ronan O’Sullivan and Senior Associate Matthew Poxon, together with Accelrys relationship partner and Global Head of M&A, Carl Sanchez. The multi-office team included partners Arun Birla and Suzanne Horne and associates Todd Schneider, David Mallett and Tom Perry.
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