Debevoise Advises AVEVA in Its $5 Billion Acquisition of OSIsoft

25 August 2020

Debevoise & Plimpton LLP is advising Aveva Group plc, a global leader in industrial software, in its acquisition of OSIsoft LLC, at an enterprise value of $5 billion. For more information, please see the company’s press release.

AVEVA is a global leader in engineering and industrial software driving digital transformation across the entire asset and operations life cycle of capital-intensive industries. The company’s engineering, planning and operations, asset performance, and monitoring and control solutions deliver proven results to over 16,000 customers across the globe. OSIsoft is a global leader in real-time industrial operational data software and services. Its PI System is the system of record for data capture, storage, analysis and sharing of real-time industrial sensor-based data across all operations, enabling customers to connect disparate sources of time-series data in an efficient and cost-effective manner.

The Debevoise team is led by M&A partner Paul Bird and includes M&A associates Spencer Gilbert, Shira Huberfeld, Lunar Mai and Bradley Polivka, finance partner Alan Davies and associate Almas Daud, tax partner Gary Friedman and associates Lillian Aston and Robert Nelson-Sullivan, benefits partner Jon Lewis and associate Wendy Widman, intellectual property partner Henry Lebowitz, counsel Judith Church and associate Melody Godbolt, cybersecurity partner Luke Dembosky and associate Michael Bloom, real estate partner Edward Rishty and associates Brooke Fodor and Ruth Fruchter and antitrust partners Ted Hassi and Timothy McIver, counsel Kyra Bromley and associate Megan MacDonald.