Clayton, Dubilier & Rice to Acquire Majority Stake in Capco

May 24, 2017

New York - Paul Hastings, a leading global law firm, announced today that the firm represented Barclays as left lead-arranger for a committed financing in favor of Clayton, Dubilier & Rice in connection with its acquisition of a majority stake in Capco from FIS, a global leader in financial services technology. Capco is a global consulting organization specializing in business, digital, and technology consulting services for the financial services industry.

The financing consists of senior secured credit facilities in an aggregate amount of $315 million, arranged by Barclays, Credit Suisse, BMO Capital Markets, HSBC, and Natixis. The transaction is expected to be completed by early third quarter, subject to regulatory approvals and customary closing conditions.

Corporate practice partner John Cobb led the Paul Hastings team, which also included associates Danny Choi and Dev Singh.

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.