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Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.

General Atlantic to Sell Stake in TriNet to Atairos

Paul, Weiss is representing General Atlantic in the sale of its remaining ownership stake in TriNet, a provider of human resources solutions, to Atairos Group, Inc. Under the terms of the transaction, Atairos will acquire an approximately $440 million ownership stake from funds affiliated with General Atlantic through the purchase of roughly 17.7 million shares of TriNet common stock for $25.00 per share. The transaction is expected to close in the first quarter of 2017.

The Paul, Weiss team included corporate partners Matthew Abbott and John Kennedy and counsel Julie Martinelli; and tax partner Patrick Karsnitz.

December 22, 2016

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