Debevoise & Plimpton LLP is advising Morgan Stanley Capital Partners in its sale of CoAdvantage, Inc., a professional employer organization, to Aquiline Capital.

Morgan Stanley Capital Partners is a leading middle-market private equity platform that has invested capital in a broad spectrum of industries for over three decades. It focuses on privately negotiated equity and equity-related investments primarily in North America. CoAdvantage offers small and mid-sized businesses outsourced human resources solutions, enabling them to reduce their administrative burden, ensure compliance with employer regulations and gain access to affordable employee benefits.

The Debevoise team is led by corporate partners Kevin Rinker and Christopher Anthony and includes corporate associates Carolina de Barros, Katherine E. Durnan, Spencer K. Gilbert, Thomas Lopez and Molly D. Quinn, finance partner Sunil W. Savkar and counsel Zahra J. Khosrovi Sowder, tax partner Rafael Kariyev and associate Robert Nelson-Sullivan, and benefits partner Meir Katz and associates Peter J. Dalmasy and Zain A. Kazmi.

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.