McDermott Will & Schulte advises Permira and Octus on agreed $3.535 billion sale to LSEG

Global law firm McDermott Will & Schulte acted as legal advisors to Permira and Octus Intelligence, Inc. (Octus) in connection with the agreed sale of Octus to LSEG (London Stock Exchange Group). The all-cash transaction values Octus at $3.535 billion.

Octus is a leading global provider of intelligence, data and workflow solutions for credit markets. During the Permira Funds’ ownership, Octus established itself at the forefront of integrated, AI-enabled workflow in the global credit markets. Today, Octus serves more than 40,000 subscribers globally. The transaction is subject to customary regulatory approvals and conditions.

The McDermott team was led by Robert Rizzo with support from Kate Vera Coverdale, Jun Won Kim, Rob Marshall, Kelly Holloway and Frannie Sevilla-Sacasa.

Read Permira’s press release.