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Stuarts Advises on the Acquisition of a NASDAQ Listed Company

Stuarts Walker Hersant Humphries provided advice in relation to the acquisition of Xura Inc. (a NASDAQ-listed technology company) (“Xura”) by affiliates of Siris Capital Group, LLC (“Siris”) on 19 August 2016 in a transaction that equated to an equity value of US$634 million.

Chris Humphries acted for the lender, Cerberus Business Finance, LLC, in connection with the Cayman Islands legal aspects of the finance facilities being provided to Siris for the purposes of the acquisition.

Stuarts said:-

This was a complex, interesting transaction and presented us with another opportunity to work with Cerberus. This is the latest in a long line of recent, high-value acquisition finance transactions that we have advised on in the last 12 to 18 months and a testament to our growing strength in that sector.

Contact our experts for further advice

View profile for Chris HumphriesChris Humphries
Managing Director and Head of Funds

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