Advent International $3.8 billion acquisition of inVentiv Health

Overview:

• Private equity firm Advent International has acquired inVentiv Health in a $3.8 billion deal.
• Advent joins fellow private equity firm Thomas H Lee Partners as equal equity owners of inVentiv.
• The transaction is expected to close Q4, 2016.
• Kirkland & Ellis (Douglas Ryder, Jeffrey Seifman, Joshua Soszynski, Jay Ptasek, Nicholas Schwartz, Ross Leff) advised Advent.
• Weil Gotshal & Manges (Michael Aiello, Sachin Kohli) advised inVentiv and Thomas H Lee Partners.

Kurt Stumpo - Journalist - North America and the Caribbean