Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

News Jul 14, 2016

Shearman & Sterling Advises on Sale of Minacs to Synnex Corporation

Shearman & Sterling is advising CX Partners and Capital Square Partners on the sale of Minacs to Concentrix Global Holdings Inc., a subsidiary of Fortune 500 company Synnex Corporation. The purchase price is approximately $420 million, subject to closing adjustments.

Minacs is a leading outsourcing business solutions partner to global corporations in the manufacturing, retail, telecom, technology, media and entertainment, banking, insurance, healthcare and public sectors.

Synnex Corporation is a leading business process services company, optimizing supply chains and providing outsourced services focused on customer relationship management.

The Shearman & Sterling team is led by partner Sidharth Bhasin (Singapore-Mergers & Acquisitions) and includes partners Jessica Delbaum (New York-Antitrust), Kenneth Laverriere (New York-Compensation, Governance & ERISA), Richard Hsu (Menlo Park-Intellectual Property Transactions), Daryl Chew (Singapore-International Arbitration), Laurence Crouch (Menlo Park-Tax) and Sarah Priestley (London-Tax); with support from counsel William Yaro (New York-Finance, Eileen O’Pray (Menlo Park-Tax), Kelly Karapetyan (New York-Antitrust), Charles Thompson (New York-Finance); and associates Aselle Kurmanova (New York-Mergers & Acquisitions), Jeremy Cleveland (Menlo Park-Capital Markets), Benjamin Petersen (Menlo Park-Intellectual Property Transactions), Ryan Bray (Menlo Park-Tax), Elizabeth Emerson (London-Tax), Stephanie O'Connor (New York-Compensation, Governance & ERISA), and Matthew Sherman (London-Mergers & Acquisitions).