Fenwick & West Represents Carlyle Group as Special Tax Counsel in Sale of HTC to Teleperformance
Fenwick & West LLP represented The Carlyle Group as special tax counsel in the sale of its portfolio company Hispanic Teleservices Corporation (HTC) to France-based Teleperformance (ROCH: Paris Stock Exchange). HTC is a provider of outsourced contact center services for companies serving the U.S. Hispanic market. This transaction is the first exit by the Mexico buyout team and closed on November 16, 2007. Financial terms of the transaction were not disclosed. The Carlyle Group acquired HTC in December 2005 through its Mexico investment fund, Carlyle Mexico Partners, a $134 million buyout fund.
The Fenwick & West tax team was lead by partners Jim Fuller and Bart Bassett.