Bridgepoint sale of a minority interest in Humanetics
We are advising Bridgepoint and Humanetics on the transaction
Davis Polk is advising Bridgepoint Group plc on its sale of a minority ownership interest in Humanetics, a Bridgepoint portfolio company, to Ansys, Inc. Financial terms of the transaction were not disclosed. The transaction is subject to customary closing conditions and receipt of required regulatory approvals.
Bridgepoint is one of the world’s leading private asset growth investors, specializing in private equity and private debt. With over €38 billion of assets under management and a strong local presence in Europe, the United States and China, Bridgepoint combines global scale with local market and sector expertise, consistently delivering strong returns through cycles.
Humanetics is a science and technology centered company and a leader in the design and manufacturing of critical safety related testing and measurement systems.
Ansys develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a broad spectrum of industries.
The Davis Polk corporate team includes partner Harold Birnbaum, counsel Daisy Wu and associate Samuel Liebmann. The tax team includes partner David H. Schnabel and counsel Aliza Slansky. Partner Veronica M. Wissel and associate Kerri Thompson are providing executive compensation advice. Partner David R. Bauer and associate Mikaela Dealissia are providing intellectual property advice. Partner Jesse Solomon and counsel Matthew Yeowart are providing antitrust and competition advice. Members of the Davis Polk team are based in the New York, Washington DC and London offices.