XBP Europe, a pan-European integrator of bills, payments and related solutions and services, has finalized its acquisition of Exela Technologies BPA, a provider of business process automation solutions. The combined entity will operate under the new name XBP Global.
Latham & Watkins represented Exela BPA in connection with its Chapter 11 process, exit financing and securitization facilities and acquisition by XBP Europe Holdings, with a restructuring and special situations team led by New York partners Ray C. Schrock, Alexander Welch and Hugh Murtagh, and counsel Adam Ravin, with associates Jon Weichselbaum, Thomas Fafara, Ata Nalbantoglu, Kevin Shang, Brian Herskowitz, Beau Parker, Richard Cantoral, Saadia Naeem and Drew Carlson.
Advice was also provided on litigation matters by New York partner Eric Leon and Boston partner Betsy Marks, with associate Kamali Houston; on finance matters by New York partner Marcela Ruenes and counsel Jonathan Wry, with associates Sam Wintergreen-Arthur, Lucila Dorado and Youn Song and assistance from Ed Prevost; on capital markets matters by New York partner Benjamin Stern and counsel Gemma Mootoo Rajah and associates Jie Lin Nai and Jenny Ha; on mergers and acquisitions matters by Chicago partner Zachary Judd and counsel Ben Kaplan, with associate Meghan McDuff; on securitization matters by New York associate Maeve Chandler and Chicago associate Ananya Hindupur; and on tax matters by Chicago partner Joseph Kronsnoble, with associates Lukas Kutilek and Jay Khurana.
