Gowling WLG has revealed its position within the sale of the cyber safety and safe networking enterprise of Nuvias Group.
Based by Rigby Personal Fairness in 2015, the Nuvias Group has a robust heritage within the value-added distributor (VAD) business, having begun its authentic buying and selling journey 45 years in the past.
Infinigate Group is behind the acquisition, with the corporate seeking to create a pan-European cyber safety powerhouse, with an anticipated €1.4bn in income
The Unified Communications enterprise of Nuvias Group (Nuvias UC) just isn’t a part of the transaction and shall be a separate entity beneath the continued possession of Rigby Group. Rigby Personal Fairness shall be a shareholder within the Infinigate Group.
Gowling WLG’s worldwide company apply led a cross specialism and jurisdictional workforce advising Rigby Personal Fairness. The agency is a long-standing adviser to Rigby and has beforehand supported the group on quite a few gross sales from its portfolio of companies.
Co-chief government Steve Rigby mentioned: “We knew this mission can be advanced given it concerned a sale of enterprise spanning quite a few international locations, a carve out, a reinvestment and regulatory approval.
“Our earlier expertise of Ragi and the broader Gowling workforce meant we have been assured they’d the experience and sources to ship in all respects towards a difficult timetable.
“This, mixed with the strategic significance of this sale, meant they have been a pure selection for us.”