"Gump offers guidance to Halyard Capital in their purchase of StratEx"
In a notable move, private equity firm Halyard Capital has revealed its expansion capital investment in StratEx, a leading provider of HR software and services. The deal, which does not disclose specific financial terms, aims to accelerate StratEx's growth initiatives, without revealing the nature of these initiatives.
While Halyard Capital takes on an ownership interest in Strategy Execution Partners, LLC and OAE Software, LLC (d/b/a StratEx), the law firm Gump Strauss Hauer & Feld LLP plays a crucial role as the legal advisor for the transaction. The firm, founded in 1945, is a leading international law firm with over 900 lawyers and offices spanning the United States, Europe, Asia, and the Middle East.
The deal was led by David D'Urso and a team from Gump Strauss Hauer & Feld LLP. Lewis Kweit, a tax partner at the firm, was also involved in the deal. However, neither Gump Strauss Hauer & Feld LLP nor any of its team members were parties to the StratEx acquisition deal or involved in its tax or intellectual property aspects.
Sarah Withers and Alyssa Pehmoeller, corporate associates at the firm, and Peter Emmi, senior counsel for intellectual property, were key members of the team. Despite not being disclosed as an advisor in the deal, Gump Strauss Hauer & Feld LLP's expertise and guidance have been instrumental in ensuring a smooth transaction.
Notably, the founders of StratEx will retain significant equity ownership and continue in their senior leadership roles, underscoring their commitment to the company's future growth.
Gump Strauss Hauer & Feld LLP, with its rich history and extensive global reach, continues to demonstrate its prowess in the legal industry, providing invaluable support to clients like StratEx in their strategic ventures. The StratEx acquisition deal marks another successful collaboration for the law firm, further cementing its position as a trusted partner in complex business transactions.
