Sheppard Mullin Assists Majesco in Amended Sale to Private Equity Firm for $729 Million
Sheppard Mullin client Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has signed an amended definitive agreement to be acquired by Thoma Bravo L.P., a leading private equity firm focused on the software and technology-enabled services sectors, in a transaction valuing the company at $729 million – following which Majesco will operate as a privately-held company.
The Sheppard Mullin deal team was led by partner Valerie Demont and included partners John Tishler and Rob Wernli and associates Matt McCalip and David Rostowsky. Special assistance was provided by partners Dmitriy Chelnitsky, Judith Fiorini, Jim Ritter, Bob Magielnicki and Dan Yannuzzi, special counsel Malika Levarlet and Sean Kirby and associates Nazia Khan, Trevor Quist and Brian Egan.
Click here to read Majesco’s press release.