Morgan Stanley Capital Partners’ Sale of 24 Seven

Debevoise & Plimpton has advised Morgan Stanley Capital Partners on the deal.

Morgan Stanley Capital Partners (“MSCP”) executed the sale of 24 Seven to a single asset GP-led continuation fund vehicle managed by an affiliate of MSCP. The continuation fund is led by Glendower Capital with participation from other secondary investors including Pantheon.

24 Seven is a leading provider of digital marketing and creative staffing solutions in the U.S., Canada and the UK.

Morgan Stanley Capital Partners, part of Morgan Stanley Investment Management, is a leading middle-market private equity platform that has invested capital in a broad spectrum of industries for over three decades.

Credit Suisse assisted with the private offering.

The Debevoise team was led by M&A partner Uri Herzberg (Picture) and investment management partner Sally Bergmann and included M&A counsel Andrew Rearick and Keith Slattery and associates Dane Dixon, Tiancheng (TC) Huang, Dominique Trudelle and Kirstie Yu, investment management associates Nicholas Huang, Gabriel Pollack and Michael Ronca, finance partner Sunil Savkar and law clerks Lachlan Conroy and Louis Sanchez, benefits associate Andrea Acosta, tax partner Rafael Kariyev and associates Jay Evans, Samuel Krawiecz and Kimberly Lee and antitrust counsel Kyra Bromley.

Involved fees earner: Andrea Acosta – Debevoise & Plimpton; Sally Bergmann – Debevoise & Plimpton; Kyra Bromley – Debevoise & Plimpton; Dane Dixon – Debevoise & Plimpton; Jay Evans – Debevoise & Plimpton; Uri Herzberg – Debevoise & Plimpton; Tiancheng Huang – Debevoise & Plimpton; Nicholas Huang – Debevoise & Plimpton; Rafael Kariyev – Debevoise & Plimpton; Samuel Krawiecz – Debevoise & Plimpton; Kimberly Lee – Debevoise & Plimpton; Gabriel Pollack – Debevoise & Plimpton; Andrew Rearick – Debevoise & Plimpton; Michael Ronca – Debevoise & Plimpton; Sunil William Savkar – Debevoise & Plimpton; Keith Slattery – Debevoise & Plimpton; Dominique Trudelle – Debevoise & Plimpton; Kirstie Yu – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: Morgan Stanley Capital Partners;