Ropes & Gray advised New Mountain Capital in its sale of Cytel Inc., one of the largest providers of statistical software and advanced analytics for clinical trial design and biometrics execution, to Nordic Capital and Astorg. Terms of the transaction, which was announced on Dec. 21, were not disclosed. The press release is here.
The Ropes & Gray team that advised New Mountain Capital was led by private equity partners Garrett Charon and John Sorkin, finance partner Stefanie Birkmann, tax partner Adam Greenwood, employment, executive compensation & benefits partner Danna Kivell (all of New York) and litigation & enforcement partners Ruchit Patel (London) and Jonathan Klarfeld (Washington D.C.).
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