Noerr advises Ensono on acquisition of Wipro's Hosted Data Center Services Business for USD 405 Million

Noerr advised Ensono in its acquisition of Wipro's hosted data center services business for USD 405 million. Approximately eight data centers, and nearly 900 employees of Wipro's hosted data center services business will transition to Ensono. The acquisition significantly expands Ensono's geographic footprint and global service capabilities.

Ensono and Wipro also have signed a long-term partnership agreement to jointly address hybrid IT requirements of Wipro's new and existing enterprise customers. As part of the agreement, Wipro will make a strategic investment of USD 55 million in Ensono.

Ensono, a portfolio company of Charlesbank Capital Partners and M/C Partners, provides hybrid IT services, from cloud to mainframe, that enable clients to digitally transform their business. Wipro Limited, is a leading global information technology, consulting and business process services company.

The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending June 2018.

Advisors Ensono: Noerr LLP

Dr Georg Schneider, Dr Tobias Koppmann (joint lead, both Private Equity, Munich), Sebastian Voigt (Private Equity, Dresden), Dr. Martin Landauer (Employment & Pensions, Munich), Tobias Kugler (Digital Business, Frankfurt), Dr Sebastian Janka (Antitrust & Competition, Munich), Florian-Felix Marquardt (Tax & Private Clients, Berlin), Uwe Erling (Energy, Munich), Associates: Anna Loibl (Private Equity, München), Bernd Bäumer (Real Estate Investment Group, Frankfurt), Dr Benjamin Jahn (Employment & Pensions, Munich), Marijke van der Most (Employment & Pensions, Frankfurt), Sarah Blazek (Antitrust & Competition, Munich)

Transaction lead counsel: Goodwin Procter LLP, Adam Small

International lead counsel: Ropes & Gray LLP, Phil Sanderson, Sonal Patel