K&L Gates Advises Maven Wave on Acquisition by Atos, Creating Strongest Google Cloud Services Portfolio Available
27 February 2020
Chicago - A multi-office team of lawyers from global law firm K&L Gates LLP recently represented the partners and equity owners of Maven Wave, a leading cloud and technology consulting firm specialized in delivering digital transformation solutions for large enterprises, with the sale of the company to a U.S.-based subsidiary of French public company Atos, a global leader in digital transformation services. The transaction enhances Atos’ Google Cloud partnership in North America and in more than 20 other countries and creates the strongest Google Cloud services portfolio offering in the world.
“Maven Wave and its equity holders were in capable hands throughout the deal process,” said Brian Farrar, a founder and partner of Maven Wave. “The legal team from K&L Gates was comprehensive, practical, and a pleasure to work with."
Partner Christopher A. Bloom (Chicago) has a long standing relationship as advisor to Chicago-headquartered Maven Wave on various technology-related matters as Maven Wave has rapidly grown into a leading Google Cloud service provider and technology consultant. Bloom and K&L Gates have continued to be a trusted advisor to Maven Wave throughout this exciting growth process.
The K&L Gates team that represented Maven Wave in this transaction was led by corporate/M&A and private equity partner Todd R. Southwell (Chicago) and technology transactions partner Katie Staba (Chicago), assisted by corporate/M&A associates Tucker Idol (Raleigh) and Matthew King (Chicago). They were closely supported by a team of partners, counsel, associates, and paralegals from the firm’s Chicago, Washington, D.C., Pittsburgh, Raleigh, and Wilmington offices across multiple practice areas including corporate/M&A; technology transactions; intellectual property; government contracts & procurement policy; employee benefits; antitrust, competition & trade regulation; tax; and labor, employment and workplace safety.
Southwell commented: “We were thrilled to represent Maven Wave and its equity owners on this interesting and complex transaction. Our relationship with Maven Wave and its senior management and equity owners was a true partnership, as we worked tirelessly, efficiently, and effectively towards signing the transaction in December and then bringing it to a successful close in January. This transaction is another example of the strong team-oriented collaboration that K&L Gates is known to provide clients.”