Goodwin's Public M&A and Technology M&A teams advised Qatalyst Partners in its role as the financial advisor to the Special Committee of Aspen Technology ("AspenTech") in an agreement under which Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265 per share pursuant to an all-cash tender offer. The transaction values the minority stake being acquired at $7.2 billion, and values the total company at a fully diluted market capitalization of $17.0 billion with an enterprise value of $16.8 billion. Upon the closing of the transaction, AspenTech will become a wholly owned subsidiary of Emerson.
Aspen Technology (NASDAQ: AZPN) is a global software leader helping industries at the forefront of the world's dual challenge meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner.
The Goodwin team was led by Josh Zachariah, Kirkie Maswoswe and Kaitlyn Buffaloe, and included Deborah Birnbach and Christina Ademola.
For more information, please read the press release.