Lovells

Lovells has advised private equity house Kelso Place Asset Management and its investee company Marshal Holdings Limited, a UK-based leader in email and web content security software and technology, in its merger with 8e6 Corp, a US-based leader in Web filtering appliances and technology.  The deal closed on 12 November.  

The newly merged company Marshal8e6 will form the only independent software company capable of securing all forms of internet-based communications streams, including corporate emails, Internet based email services, Web sites and Instant Messaging.  Marshal8e6 will manage 16 million users in 96 countries worldwide.  Operations will be based in the US, England, New Zealand, Taipei and Taiwan.
 
The Lovells team advising was led by corporate of counsel Amit Nayyar and included New York based of counsel Phil Ehrlich, banking senior associate Samantha Hutchinson, corporate associate Michael Stewart and trainees Zip Jila and William Elliott.  

The joint venture also involved securing US$10 million in equity financing from Updata Partners, a technology focused private equity company.  

Amit Nayyar said:      

"This is a significant deal in the Secure Web Gateway market and occurs at a crucial time   when email and web based threats are at their height.  The newly formed company will provide advanced technology and integrated security for clients."

About Lovells  

With over 3,000 people operating from 26 offices in Asia, Europe and the United States, Lovells is one of the world's leading international law firms. We advise many of the world's largest corporations, financial institutions and governmental organisations.  We regularly act on complex, multi jurisdictional transactions as well as some of the most high profile commercial disputes.  Lovells (the "firm") is an international legal practice comprising Lovells LLP and its affiliated businesses.  Lovells LLP is a limited liability partnership registered in England and Wales with registered number OC323639.  Registered office and principal place of business: Atlantic House, Holborn Viaduct, London EC1A 2FG. 

The word "partner" is used to refer to a member of Lovells LLP, or an employee or consultant with equivalent standing and qualifications, and to a partner, member, employee or consultant in any of its affiliated businesses who has equivalent standing.
 
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