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Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms, hedge funds, financial advisors and other financial institutions and investors on their most important merger, acquisitions and takeover transactions.

Ericsson Secures $200 Million Investment in iconectiv Business From Francisco Partners

Paul, Weiss is representing Ericsson and inconectiv in the sale of a minority stake in iconectiv to technology investment firm Francisco Partners. Ericsson launched iconectiv, a leading partner in the communications industry enabling the interconnection of networks, devices and applications, in 2013; the FCC recently awarded the company a contract as the Local Number Portability Administrator in the U.S., which handles cell phone number portability. Francisco Partners will invest $200 million to acquire a 16.7 percent ownership at an implied valuation of approximately $1.20 billion. The transaction is expected to close in the third quarter of 2017.

The Paul, Weiss team included corporate partners Jeffrey Marell, Ross Fieldston and Monica Thurmond and counsel Ji Lu; tax partners David Sicular, Richard Bronstein and Jeffrey Samuels; employee benefits partner Lawrence Witdorchic and counsel Reuven Falik; antitrust counsel Marta Kelly; intellectual property counsel Menachem Kaplan; international trade counsel Richard Elliott; and environmental counsel William O’Brien.

March 7, 2017

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