Debevoise & Plimpton LLP has advised Morgan Stanley Capital Partners (“MSCP”) in the sale of 24 Seven to a single asset GP-led continuation fund vehicle managed by an affiliate of MSCP. The continuation fund is led by Glendower Capital with participation from other secondary investors including Pantheon. For more information, please see the company’s press release.
24 Seven is a leading provider of digital marketing and creative staffing solutions in the U.S., Canada and the UK.
The Debevoise team was led by M&A partner Uri Herzberg and investment management partner Sally Bergmann and included M&A counsel Andrew Rearick and Keith Slattery and associates Dane Dixon, Tiancheng (TC) Huang, Dominique Trudelle and Kirstie Yu, investment management associates Nicholas Huang, Gabriel Pollack and Michael Ronca, finance partner Sunil Savkar and law clerks Lachlan Conroy and Louis Sanchez, benefits associate Andrea Acosta, tax partner Rafael Kariyev and associates Jay Evans, Samuel Krawiecz and Kimberly Lee and antitrust counsel Kyra Bromley.