Dorsey has advised Datatec Plc, a subsidiary of Datatec Limited (“Datatec”), a multinational ICT solutions and services business quoted on the Johannesburg Stock Exchange, and senior management in the proposed sale of Analysys Mason Limited (“Analysys Mason”) to Bridgepoint Development Capital for an enterprise value of up to £210 million, equivalent to approximately $260 million.
The sale of Analysys Mason is part of Datatec’s strategic review process, in which Datatec has determined that it is an opportune time to realize its investment in Analysys Mason and to distribute the net proceeds of the sale to its shareholders.
Analysys Mason is a world-leading management consultancy business focused on telecoms, media and technology (TMT). With offices in 14 countries, across Europe, Asia-Pacific and the Middle East, Analysys Mason is a global leader in telecoms, media and technology management consulting, a critical enabler of economic, environmental and social transformation. Analysys Mason brings together unparalleled commercial and technical understanding to deliver bespoke consultancy on strategy, transaction support, transformation, regulation and policy, further strengthened by globally respected research.
As part of Bridgepoint, the international alternative private assets management group with assets under management exceeding €33 billion, Bridgepoint Development Capital (“BDC”) invests in midcap companies in the UK, France and the Nordic region.
The transaction remains subject to customary regulatory approvals and approval by Datatec shareholders.
The Dorsey team is led by Kate Francis, London Office Co-Head and London Transactions Head, with significant contributions from Michael Cashman, London Office Tax Partner, and Senior Associates, Luk Trewhela and Robbie Somerville.