Posted on:Weil in the News
Weil advised Advent International Corporation in its acquisition of an approximately 50% stake in RxBenefits, Inc., the employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer, from Great Hill Equity Partners, which retained a significant equity stake. The transaction values RxBenefits, Inc. at approximately $1.1 billion.
The Weil team that advised Advent International was led by Private Equity partner Marilyn French Shaw and included Private Equity partner Ramona Nee and Private Equity associates Jason Ottomano, Molly MacDougall and Ryan Strassman. The team also included Tax partner Noah Beck; Tax associate Jacob Gerrit Meninga; Private Equity Executive Compensation & Benefits Head Michael Nissan; Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits associate Radhika Tahiliani; Technology & IP Transactions partner Jeffrey Osterman; Privacy & Cybersecurity Co-Head Randi Singer; Technology & IP Transactions/Privacy associates Robert Brown, Luis Gonzalez and Maryann Thompson; Banking & Finance partners Allison Liff and Benton Lewis; Environmental Head Annemargaret Connolly; Regulatory Transactions counsel John O’Loughlin; Regulatory Transactions associate Ariel Fliman; Antitrust partner Vadim Brusser; and Employment Litigation partner Nicholas Pappas.