London — Mayer Brown has advised Francisco Partners on the financing of its acquisition of LiveU from its existing shareholders to accelerate the company’s global expansion.
LiveU is an Israel-based manufacturer and provider of high-quality live-video solutions for TV, mobile, online and social media with its innovative portable devices and cloud services. With over 3,000 customers in 130+ countries, LiveU's technology is the solution of choice for leading broadcasters, sport organizations, news agencies, online and social media.
Francisco Partners is a leading global private equity firm that specializes in investments in technology and technology-enabled businesses. Since its launch over 19 years ago, Francisco Partners has raised more than $14 billion in committed capital and invested in more than 200 technology companies, making it one of the most active and longstanding investors in the technology industry.
This transaction is yet another example of the strong transactional record of Mayer Brown’s Leveraged Finance team during 2019, which has acted for both lenders and sponsors in complex, cross-border finance deals across Europe and the Middle East, solidifying its position as a leader in leveraged finance advice in the mid-market.
The Mayer Brown team was led by head of Leverage Finance in Europe, Stuart Brinkworth and included Banking & Finance senior associate Danister de Silva, associate Chen Yang Sia and trainee solicitor Fiona Engledow.