Ropes & Gray has advised TPG Capital, the private equity platform of alternative asset firm TPG, in its acquisition of a majority stake in Nintex from Thoma Bravo.

The transaction is expected to be completed by the end of 2021. Terms of the transaction, which was announced on 5 October, have not been disclosed.

TPG is a global alternative asset firm with more than USD108 billion of assets under management. Nintex, based in Bellevue, Washington, is the market leader in end-to-end process management and workflow automation provider. Thoma Bravo, a leading software investment firm, plans to make a new equity investment in the company and maintain a significant minority interest.

The Ropes & Gray team that advised TPG was led by private equity partners Jay Freedman and Chau Le (both of San Francisco) and included finance partner Alexander Zeltser (New York), employment, executive compensation & employee benefits partners Matthew Jones (Chicago) and Megan Bisk (Boston), tax partner Benjamin Rogers (San Francisco), tax counsel Christopher Agnoli (London), data, privacy & cybersecurity counsel Kevin Angle (Boston) and litigation & enforcement partners Ama Adams and Samer Musallam (both of Washington D.C.).

Read more/Source: Private Equity Wire