NEWS

T-System to be Acquired by FNFV Group

September 05, 2017

San Francisco – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Francisco Partners and its portfolio company T-System Inc. in an agreement to be acquired by FNFV Group (NYSE: FNFV), the investment arm of Fidelity National Financial, Inc. for $200 million in cash. FNFV also holds majority and minority equity investment stakes in a number of entities, including American Blue Ribbon Holdings, LLC, Ceridian HCM, Inc. and Del Frisco’s Restaurant Group, Inc.

T-System is a healthcare IT company that was founded as a specialist in emergency department documentation and has since expanded its focus to include the development of innovative solutions for the rapidly expanding episode-based care market, including hospital-based emergency departments (EDs), freestanding emergency centers and urgent care centers.

The Paul Hastings team was led by Private Equity partner Dana Kromm and included partners Dan Stellenberg, and Jim Smulkowski; and associates Grant Manning and Yoav Simchoni.

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.