Software Provider Intergraph in $1.3 Billion Leveraged Buy-Out
August 31, 2006
Cleary Gottlieb is playing three separate roles in a $1.3 billion leveraged buy-out of Intergraph, a leading global provider of spatial information management software, by a consortium led by Texas Pacific Group and Hellman & Friedman. Cleary Gottlieb is representing Goldman, Sachs & Co. in its role as financial advisor to Intergraph, long-time client Texas Pacific Group in its negotiation of consortium arrangements with its co-sponsors, and the acquisition consortium in connection with international competition matters. The LBO is expected to close before year-end following receipt of stockholder and regulatory approvals.
Security organizations, businesses and governments in more than 60 countries rely on Intergraph’s spatial technology and services to make better and faster operational decisions.