New York – May 4, 2007 – LAWFUEL – The Law Newswire – Debevoise & Plimpton LLP is advising J.C. Flowers & Co. LLC, in connection with Citi’s agreement to acquire Bisys Group, Inc. for $1.45 billion in an all-cash transaction, and J.C. Flowers’ agreement to cause certain of its affiliates to purchase from Citi the Retirement and Insurance Services Divisions of Bisys.
J.C. Flowers & Co. LLC is a private equity firm focused solely on the financial services sector. Debevoise & Plimpton LLP is a leading international law firm with offices in New York, Washington D.C., London, Paris, Frankfurt, Moscow, Hong Kong and Shanghai.
The Debevoise team is led by partner Gregory V. Gooding and includes partner Gary M. Friedman, counsel Judith L. Church and associates Michael D. Devins, David S. Lebolt, Vadim Mahmoudov and Molly F. Stockley.