Debevoise & Plimpton LLP is advising Syniverse and its majority owner The Carlyle Group in Syniverse’s merger with M3-Brigade Acquisition II Corp. (NYSE:MBAC), a publicly traded special purpose acquisition company, which will result in Syniverse becoming a publicly traded company. The business combination values Syniverse at an enterprise value of $2.85 billion and is expected to provide up to $1.165 billion of cash proceeds to the combined company. Upon closing, the company will be named Syniverse Technologies Corporation and its common stock will be listed on the New York Stock Exchange under ticker “SYNV.” For more information, please see the company’s press release.

Syniverse powers mobile experiences for almost every person and device on earth. The world’s largest companies and nearly all mobile carriers rely on Syniverse’s global network to seamlessly bridge mobile ecosystems and securely transmit data.

The Debevoise team is led by M&A partners Jonathan Levitsky and Christopher Anthony and includes partner William Chua, counsel Philipp von Holst and Molly Stockley, associates Erik Andren, Fengjian Ao, Benjamin Collins-Wood, Christina Heil, Johanna Marniok, Priscila Park, Sergio Torres and Kirstie Yu, finance partner Jeffrey Ross, counsel Katarina Molnarova and associates Mihai Chitulescu, Shira Huberfeld and Wesley Moore, benefits partner Jonathan Lewis and associates Spencer Mizerak and Wendy Widman, tax partner Peter Furci and associate Robert Nelson-Sullivan, capital markets partners Morgan Hayes and Matthew Kaplan, counsel Joshua Samit and associate Carly Hill, intellectual property partner Henry Lebowitz and associates Tigist Kassahun, Marissa MacAneney and Emily MacKay, and antitrust partners Timothy McIver and Michael Schaper, counsel Kyra Bromley and associates Megan MacDonald, Nathan Richards and Laurah Samuels.