Tailwind Capital sale of Stratix

Davis Polk advised Tailwind Capital in connection with its sale of a majority stake in The Stratix Corporation to LLR Partners. As part of the transaction, Tailwind will retain an equity stake in the company alongside LLR Partners. The financial terms of the transaction were not disclosed.

Tailwind Capital is a middle market private equity firm focused on services companies in three core subsectors – infrastructure services, supply chain and IT services.

Stratix is the largest outsourced pure-play managed mobility services provider in the United States and provides IT and process management services to plan, procure, deploy, support and manage enterprise mobile devices.

The Davis Polk corporate team included partner William J. Chudd, counsel Jacob S. Kleinman and associates Abraham Bane and Jessica L. Teng. The tax team included partner Ethan R. Goldman. The executive compensation team included partner Veronica M. Wissel. The finance team included partner J.W. Perry, counsel Welton E. Blount and associate Natalie Lin. The intellectual property and technology transactions team included partner Pritesh P. Shah. All members of the Davis Polk team are based in the New York office.