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Joele Frank counsels CommScope, network infrastructure firm, as it acquires ARRIS International, telecom equipment maker, in an all-cash transaction worth $7.4B to forge an $11.3B entity.
The partners “bring together a unique set of complementary assets and capabilities that enable end-to-end wired and wireless communications infrastructure solutions that neither company could otherwise achieve on its own,” said Eddie Edwards, CommScope CEO, in a statement.
The Carlyle Group is re-investing $1B in CommScope for a 16 percent stake to help bankroll the transaction.
The private equity firm bought CommScope in 2011, took it public in 2013 and sold it in 2016.
Cam Dyer, global co-head of TCG’s technology, media and telecom practice, said his firm is delighted to resume collaboration with CommScope because of its “long-term strategy, customer-centric culture and ability to deliver results.”
Joele Frank, Wilkinson, Brimmer, Katcher’s Jim Golden and Joe Sala represent CommScope.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
