Cravath’s London Office Moves to 100 Cheapside
On January 20, 2010, IBM announced that it has signed a definitive agreement to acquire National Interest Security Company (“NISC”), a privately held company headquartered in Fairfax, Virginia, that offers a full range of services and solutions in the areas of defense, healthcare, energy, logistics and security. Cravath is representing IBM in this transaction. The agreement includes the acquisition of Technology and Management Services, Inc., an NISC affiliate. At the completion of the transaction, which is expected in the first quarter of 2010, NISC will be integrated into IBM’s Global Business Services consulting unit.
The Cravath team includes partner George F. Schoen and associate Ryan D. Gorsche on corporate matters; associate Jarrett R. Hoffman on executive compensation and benefits matters; partner Andrew W. Needham and associates J. Leonard Teti II, Matthew Cantor and Andrew Carlon on tax matters; practice area attorney Matthew Morreale on environmental matters; and senior attorney John Gerhard on real estate matters. Sarah R. Kahn and Michael J. Schobel also worked on corporate matters and executive compensation and benefits matters, respectively.
Deals & Cases
August 15, 2025
On August 14, 2025, Fitch Learning, a global leader in financial learning and professional certifications, announced it signed an agreement with Moody’s to acquire two of their businesses, Moody’s Analytics Learning Solutions, a global provider of credit training, and the Canadian Securities Institute, a leading provider of professional certifications for the Canadian financial services industry. Cravath is representing Fitch Learning in connection with the transaction.
Deals & Cases
August 11, 2025
On August 10, 2025, International Money Express, Inc. (“Intermex”) and The Western Union Company (“Western Union”) announced they have entered into a definitive agreement under which Western Union will acquire Intermex in an all‑cash transaction at $16.00 per share, representing a total equity and enterprise value of approximately $500 million. Cravath is representing Intermex’s Strategic Alternatives Committee in connection with the transaction.
Deals & Cases
May 28, 2025
On May 28, 2025, rhode, a fast‑growing, multi‑category lifestyle beauty brand founded by Hailey Bieber, and e.l.f. Beauty announced they have signed a definitive agreement for e.l.f. Beauty to acquire rhode. The $1 billion deal is comprised of $800 million of consideration payable at closing in a combination of cash and stock, subject to customary adjustments, and an additional potential earnout consideration of $200 million based on the future growth of the brand over a three‑year timeframe. Hailey Bieber will continue her role as Founder and additionally serve as rhode’s Chief Creative Officer and Head of Innovation, overseeing creative, product innovation and marketing. She will also act as a Strategic Advisor to the combined companies. Cravath is representing Hailey Bieber in connection with the transaction.
Deals & Cases
May 26, 2025
On May 25, 2025, WiseTech Global, developer of leading logistics execution software CargoWise, announced it has entered into a binding agreement to acquire E2open Parent Holdings, Inc. (“e2open”), a U.S.‑based leading provider of SaaS solutions in the global logistics value chain, for $3.30 per share in cash equating to an enterprise value of $2.1 billion. Cravath is representing WiseTech Global in connection with the transaction.
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