General Atlantic and Bridgepoint Announce Public Tender Offer for Esker

Paul, Weiss is advising General Atlantic on its participation in a proposed €1.6 billion public tender offer for Esker SA. General Atlantic, together with Bridgepoint and members of Esker's management, announced an all-cash offer to acquire 100% of the shares in Esker. Esker is a leading French software company and its shares are listed on Euronext Growth Paris. The transaction is expected to launch and close by the end of 2024 or early 2025, subject to receipt of French securities exchange approvals and other customary closing conditions and regulatory approvals.

The Paul, Weiss team is led by corporate partners Will Aitken-Davies and Dan Schuster-Woldan, and includes partners Kanesh Balasubramaniam, Matthew Abbott, Neel Sachdev, Conrad van Loggerenberg and Rohan Dey, and counsel Caitlin Kelly; antitrust partner Nicole Kar and counsel Yuni Sobel; and tax partners Lindsay Parks and Timothy Lowe, and counsel Caroline Inker.