Latham Advises Teleperformance in Acquisition of PSG Global Solutions
Teleperformance Group, Inc. has announced that it has acquired PSG Global Solutions, LLC, a US-based leader in partial cycle recruitment process outsourcing, from its management and private investors, for US$300 million. The transaction was fully financed with cash on hand, and closed on October 27, 2022.
Latham & Watkins LLP represents Teleperformance in the transaction with a deal team led by partner Teri O’Brien. Advice was also provided by partner Holly Bauer Bauer and associate Charity Wyatt on employee benefits and compensation matters; by partner James Garrett and associate Jameson Miller on corporate matters; by partner Steve Chinowsky and associates Arun Mohan and Kristina Funahashi on intellectual property matters; and by partner Sam Weiner and associate Brian Rogers on tax matters.