Cases & Deals

Patriarch Partners acquires NetVersant in bankruptcy sale

Clients Patriarch Partners, LLC

Jones Day advised Patriarch Partners, LLC in the acquisition by NetVersant Acquisition LLC of NetVersant Solutions, Inc., a provider of comprehensive and integrated network infrastructure solutions, through a stalking-horse bid submitted in connection with a section 363 bankruptcy sale by assuming approximately $130 million in debt. NetVersant Acquisition LLC is owned by investment funds managed by Patriarch Partners, LLC.