Debevoise & Plimpton LLP has advised Morgan Stanley Global Private Equity (MSPE) in its acquisition of CoAdvantage, Inc., one of North America’s largest professional employer organizations (PEOs).

CoAdvantage is a leading PEO that offers small and mid-sized businesses a comprehensive package of outsourced human resources solutions enabling them to reduce their administrative burden, ensure compliance with employer regulations, and gain access to affordable employee benefits.

Morgan Stanley Global Private Equity is a leading middle-market private equity platform that has invested capital in a broad spectrum of industries for over two decades. Global Private Equity focuses on privately negotiated equity and equity-related investments primarily in North America, as well as Europe and other regions.

The Debevoise team was led by partner Kevin A. Rinker and included partners Meir D. Katz and Scott B. Selinger, counsel Rafael Kariyev and associates Christopher Anthony, Matthew M. Delja, Tomer S. Dorfan, Douglas M. Hirn, Emily F. Huang, Ross Liemer, Michael J. Milazzo, Maria B. Navarro and Patricia Teixeira.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.