D+H’s C$4.8 Billion Acquisition by Vista Equity Partners

On March 13, 2017, DH Corporation (“D+H”), a leading provider of technology solutions to financial institutions globally, and Vista Equity Partners (“Vista”) announced that they have entered into a definitive arrangement agreement under which Vista will acquire all of the outstanding shares of D+H for $25.50 CAD per share in cash including the assumption of all debt obligations including the issued convertible debentures, for a total enterprise value of approximately $4.8 billion CAD. Cravath is representing D+H in connection with the transaction.

The Cravath team is led by partner Erik R. Tavzel and includes associates Daniel J. Cerqueira and Christopher J. Washington on M&A matters; partner Stephen M. Kessing and associate Stephanie R. Gallina on banking matters; partner J. Leonard Teti II on tax matters; and senior attorney David B. Teigman and associate Sarah W. Colangelo on executive compensation and benefits matters. Inji Jung also worked on tax matters.