K&L Gates Advises Sinch AB on Acquisition of SAP Digital Interconnect
Pittsburgh – Global law firm K&L Gates LLP advised Sinch AB (publ) (XSTO: SINCH) on its acquisition of SAP SE’s Digital Interconnect group. A global leader in cloud communications for mobile customer engagement, Sinch is headquartered in Stockholm, Sweden, and has a presence in more than 40 countries. Closing of the transaction took place November 1 for EUR 225 million on a cash and debt-free basis.
Headquartered in the San Francisco Bay area, the SAP Digital Interconnect group offers cloud communications services to more than 1,500 enterprise customers worldwide. Its customer base includes companies from a range of industries, including technology, banking, payment gateways, retailers, and mobile operators.
The cross-border team from K&L Gates that advised Sinch on the acquisition was led by partners David Edgar (Pittsburgh) and Dr. Thilo Winkeler (Berlin), and included partners Megan Wotherspoon (Pittsburgh), Dr. Annette Mutschler-Siebert (Berlin), Jennifer Marsh (London), Simon Poh (Shanghai), Nils Neumann (Berlin), Mark Wittow (Seattle), and Tad Donovan (Pittsburgh), as well as other partners and associates across the firm’s global platform.
“We’re excited and pleased that Sinch entrusted K&L Gates to provide global legal support on multiple continents in this challenging carve-out transaction,” commented Edgar. “Sinch’s acquisition of the SAP Digital Interconnect group highlights our focus on partnering with our clients in a strategic way to execute complex transactions around the world.”
K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.