Dechert advised Court Square Capital Partners (Court Square) on two significant strategic transactions. Dechert represented Court Square and Thrive in connection a strategic investment in Thrive by Berkshire Partners (Berkshire). Court Square, alongside Berkshire, also made an additional investment in Thrive in connection with the transaction. These investments aim to support Thrive’s continued growth and expansion.
Thrive is a leading provider of cybersecurity, cloud and IT managed services, offering outsourced IT and cybersecurity services to mid-market, small enterprise and sophisticated SMB clients across various industries, including financial services, healthcare, professional services and government. With 15 acquisitions since 2020, Thrive has become a leading global technology outsourcing firm and was named to CRN’s Managed Service Provider 500 list in 2024.
Court Square, in partnership with WindRose Health Investors (WindRose), also made a jointly controlled investment in Soleo Health (Soleo). This investment will enable Soleo to scale and expand its footprint across all 50 states.
Soleo is a national provider of specialty pharmacy and infusion services, serving over 22,000 patients annually through a network of specialty home infusion pharmacies and ambulatory infusion suites. Soleo delivers differentiated care through its omnichannel approach and access to lifesaving therapies, enhancing the lives of patients with complex, chronic and acute conditions.
The Dechert team that advised Court Square on the Thrive transaction included corporate partners Ken Young and Allie Wasserman along with associates John Stanley, Joshua Kim, Leila Malek, Dillan Gomes, Bryan Wilson, Patrick Sun and Ryan Yang; financial services partner Gerald Brown and associates Maria Liberopoulos and Joseph Dudley; tax partner David Passey and associate Abigail Hopper; employee benefits partner Howard Klein and associates Tabitha Crosier and Brie Michaelson; global finance partner Lindsay Flora and associate Casey Klein; antitrust partners James Fishkin, Michael Okkonen, Clemens Graf York von Wartenburg, counsel Beverly Ang and associate Thirith von Döhren; employee benefits partner John Schuch; intellectual property partner Thomas Rayski and associate Frank Hwang; real estate special counsel Francois Quintard-Morenas and associate Devyn Kurpis; labor counsel Jeffrey Rubin and associate Julia Canzoneri; data privacy senior counsel Timothy Blank and associate Daniel Murdock; and special counsel John Ix.
The Dechert team that advised Court Square on its investment in Soleo included corporate partners Eric Siegel and Allie Wasserman along with associates John Stanley, Nicole Godani and Grace Canfield; financial services partner Gerald Brown and associates Maria Liberopoulos and Joseph Dudley; tax partner David Passey; and employee benefits partners Steven Rabitz and John Schuch.
About Dechert
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 19 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.
Related Professionals
