Media Release: Clayton Utz advises Empired Limited on $233 million merger with France's Capgemini
Perth, 2 November 2021: A Clayton Utz team has advised Western Australian based technology transformation business Empired Limited (ASX: EPD) on its successful merger with Paris-headquartered Capgemini Australia Pty Ltd. The Federal Court approved the merger (done by way of scheme of arrangement) yesterday. The transaction was announced to the market on 19 July 2021.
Corporate partner Mark Paganin and special counsel Stephen Neale led our team working alongside Empired's team, with key support from lawyers William Davies, Hannah Kim, William Colreavy and Victoria Bandurski. Other core team members included partner Anna Casellas (Workplace Relations, Employment & Safety), partner Peter Feros and special counsel Cameron Forbes (Tax), and partner David Gerber (W&I insurance). Partner Cameron Belyea and lawyer Tom Burke led the court aspects of the scheme process.
Empired was founded in Perth in 1999 and listed on the ASX in 2007, subsequently acquiring New Zealand company Intergen in 2014. Over twenty years Empired has evolved its operations from focused infrastructure and application development into an all-inclusive, end-to-end technology transformation and modern managed services provider, employing over 1,100 people across three countries.
Capgemini is a global leader in consulting, digital transformation, technology and engineering services and is listed on the Euronext Paris Stock Exchange, with a market capitalisation of over €33 billion.
Commenting on the transaction, Mark Paganin said:
We congratulate Empired on its exponential growth and success in the areas of both private business and government client work, the result of its strong Board, management and employees. It has been a pleasure to have the opportunity to support Empired over a number of years, and we look forward to watching the company continue to grow under the leadership of its management, with the backing of Capgemini.