Gibson Dunn, AZB & Partners, and Herbert Smith Freehills Kramer advised on Carlyle’s acquisition of Intelliflo from Invesco for $200 million.

Gibson Dunn advised Carlyle, a global investment firm, on its acquisition of cloud-based practice management software provider Intelliflo from global asset management firm Invesco. The transaction included Intelliflo’s U.S.-based subsidiaries and was valued at up to $200 million.

The London corporate team was led by Partner Will Summers and included of Counsel Michael Skouras and Associates Lucy Carr, Charlotte Deans, Lena Tarrin, and Willem van Hootegem. New York corporate team included Partners Brian Scrivani and Ekaterina Napalkova. Partner Alison Beal and Associates Chris Puttock, Libby Pica, and Ioana Burtea advised on IP/Tech; Partner Sandy Bhogal, Senior Tax Adviser Rohit Karamchandani, and Associates James Chandler and Cheryl Yip advised on tax; Partner James Cox and Associate Georgia Derbyshire advised on employment; and Partners Michelle Kirschner and Kevin Bettsteller advised on regulatory aspects.

AZB & Partners is advising the Carlyle Group, on all Indian law aspects of its acquisition of Intelliflo from Invesco. Intelliflo is a market leading provider of cloud-based practice management software for independent financial advisers in the United Kingdom and includes ‘RedBlack’ and Intelliflo ‘Portfolio’, which are portfolio rebalancing and management software solutions for registered investment advisors in the United States. The total deal consideration is ~USD 200 million.

The deal team comprised Senior Partners Anil Kasturi and Nandita Govind, Senior Associate Prashant Khurana and Associate Maitreyi Singh. The tax team comprised Partners Abhinav Ashwin and Aditya Singh Chandel, along with Senior Associate Sarvagya Bilgaiyan.

HSF Kramer acted as the legal advisor to Invesco.