GT Nexus Enters Agreement to Be Acquired by Infor for $675 Million

On August 11, 2015, Infor, one of the world's leading suppliers of ERP software, announced that it has entered into an agreement to acquire GT Nexus, the world's largest cloud-based global commerce platform, for $675 million. Wilson Sonsini Goodrich & Rosati is advising GT Nexus in the transaction.

Approximately 25,000 businesses rely on GT Nexus, including six of the top ten logistics service providers and 30 global financial institutions, all managing more than $100 billion in goods each year using its cloud-based business network. GT Nexus customers include Adidas Group, Caterpillar, Columbia Sportswear, DHL, Home Depot, Levi Strauss & Co., Maersk, Pfizer, Procter & Gamble, and UPS.

According to the companies' joint press release, the acquisition will create the first global commerce cloud with end-to-end control and visibility for the production of direct goods. The transaction is expected to close within 45 days, pending regulatory approval.

The WSGR team representing GT Nexus in the transaction includes the following:

Corporate/M&A
Michael Ringler, Partner
Todd Cleary, Partner
Barry Taylor, Partner
Lane Verlenden, Associate
Alyssa Frederick, Associate
Yingting Zhang, Associate
Thomas Earnest, Associate
Michelle Fernandes, Associate

Employee Benefits & Compensation
Michelle Wallin, Partner
Brandon Gantus, Associate
Mark Cornillez-Ty, Associate

Tax
Ivan Humphreys, Partner
Myra Sutanto Shen, Associate

Technology Transactions
Kira Kimhi, Partner
Leah Duranti, Associate
Lixian Hantover, Associate

Real Estate
James McCann, Partner
Alison Weinberg, Associate
Jeremiah Nelson, Associate

Antitrust
Scott Sher, Partner
Roisin Comerford, Associate

Regulatory
Melissa Mannino, Of Counsel
Lawrence Perrone, Associate

Employment Law
Gerard O'Shea, Of Counsel
Matt Gorman, Associate

For more information, please see the companies' joint press release.