[Techtaffy Newsdesk]

Warburg Pincus has acquired a majority ownership in the Gordian Group, a construction pricing data and procurement software business servicing the construction industry, from the Wicks Group of Companies, a private equity firm. Terms of the transaction were not disclosed.

Kirkland & Ellis served as legal advisor and KPMG provided accounting diligence support for Warburg Pincus. Bingham McCutchen served as legal advisor to The Gordian Group and The Wicks Group of Companies.
Upload: 05-24-12