News

Saba Software and Vector Capital to Acquire Halogen Software

New York, NY – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Saba Software and their parent company Vector Capital, in their agreement to acquire Halogen Software at a price of CAD$12.50 per share.  The combination of Saba and Halogen will extend Saba's position as a leading provider of end-to-end SaaS Talent Management solutions.
The Paul Hastings team was led by partner

and also included partners

Dana Kromm

,

Suzanne Horne

,

Ziemowit Smulkowski

and

Dan Stellenberg

, of counsel

James Holden

and associates

Laura Yip

,

Yoav Simchoni

,

M'Alyssa Mecenas

,

Veronica Roh

and

Jennifer Gaudette

.

The transaction will be implemented by way of a statutory plan of arrangement under the Ontario Business Corporations Act and is subject to court approval and the approval of at least two-thirds of the votes cast by holders of Halogen's shares.  It is expected to close in the second quarter of 2017.

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