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Blackstone Group LP and Blackstone complete equity transaction


Tuesday, 22 Apr 2014 04:05pm EDT 

Accuvant:Announces completion of a previously announced transaction for funds controlled by Blackstone to acquire a majority stake in the company.Blackstone will make significant further investment in Accuvant, which will enable the company to expand and accelerate its plans to meet the rapidly evolving information security needs of the global market.Holland & Hart LLP and William Blair served as advisors to Accuvant during the transaction.Simpson Thacher & Bartlett LLP and Blackstone Advisory Partners L.P. served as advisors to Blackstone.Cooley LLP served as legal advisors to Sverica International LLC. 

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