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Mergers & Acquisitions

Nov. 27, 2013

Simpson works on Hellman & Friedman's $1.8 billion buy

The firm represented the San Francisco-based private equity firm in its acquisition of Applied Systems Inc., an Illinois-based provider of software to insurance companies.


By Andrew McIntyre


Daily Journal Staff Writer


Simpson Thacher & Bartlett LLP represented San Francisco-based private equity firm Hellman & Friedman LLC in its acquisition of Applied Systems Inc. from Bain Capital LLC for $1.8 billion - nearly triple what Bain paid for the University Park, Ill.-based software company before the recession.


JMI Equity, a tech-focused private equity firm based in Baltimore, will also invest an undisclosed ...

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