Acquisitions on Behalf of Lexmark for Multiple Major Acquisitions Totaling Over $1 Billion

A technology-driven business world has created new opportunities for Lexmark International, Inc. – one of the world’s leading providers of printing products, imaging software and business solutions – enabling them to explore new ventures and provide greater efficiencies to their global customer base.

We served as primary deal counsel for Lexmark through three major acquisitions in the software industry totaling approximately $212 million, including two foreign-based, private equity backed companies. We advised Lexmark throughout the entirety of the deals, including the letter of intent process, negotiating and drafting all of the definitive transaction documents, and consummating the transactions, while managing the various layers of complexity encompassed by cross-border acquisitions. We also managed the benefits matters associated with the acquisitions, including terminating old benefit plans and structuring new plans that better matched the culture and policies of Lexmark.

The three acquisitions provide Lexmark with an increased array of service and product offerings for clients as they move forward. The acquisition of the Luxembourg-based BDGB Enterprise Software, as well as its U.S. subsidiary Brainware, Inc., enables Lexmark to strengthen its capabilities in capturing and managing information, The acquisition of Australian-based ISYS provides Lexmark with an additional state-of-the-art document search and filtering software platform. Additionally, the purchase of Nolij, a Boston-based company, enhances Lexmark’s offerings in document imaging and data integration.