Milbank represented One Equity Partners (“OEP”) in connection with the sale of Computer Design and Integration LLC (“CDI”) to AHEAD, a leading authority in data, developer and infrastructure platforms. The combination of CDI and AHEAD, two of the market’s fastest-growing digital transformation specialists, creates an organization with more than $3.7 billion in gross revenue and over 2,500 employees across 40 locations globally.
Founded in 1995 and headquartered in New York, CDI is an IT services firm that helps clients across multiple industries architect, deploy, and manage all multiplatform hybrid IT solutions. OEP, a middle-market private equity firm focused on the industrial, healthcare and technology sectors in North America and Europe, acquired CDI in December 2019. During OEP’s ownership, CDI saw revenue increase by more than 165% via organic growth and an acquisition strategy, including the transformational acquisition of High Availability, a premier IT solution provider and integrator, in January 2021.
The Milbank team was led by Global Corporate/M&A partner Derek Winokur, along with partner Benjamin Fidler and associates Rachel Rice, Joysheel Shrivastava and Leslie Hamic. The team also included Tax partner Edward Lemanowicz and associate Michael Rivkin; Antitrust partners Fiona Schaeffer and Adam Di Vincenzo, special counsel Daniel Rosenthal and associate Sharvari Kothawade; Executive Compensation partner Mike Shah and law clerk Falguni Joshi;* Corporate Finance and Securities partner Antonio Diaz-Albertini and associates Jonathan Markowitz and Bailey Miller; Technology special counsel John Garces; and Global Corporate/M&A partner Ajal Notowicz and trainee solicitors Charl Van der Merwe and Charlie Thomas.
*Not yet admitted to practice.
February 6, 2024
