Apollo Funds to Acquire Evri From Advent International

Paul, Weiss is advising funds and affiliates managed by Apollo on the financing and international trade and sanctions aspects of their acquisition of Evri, one of the UK’s largest parcel delivery companies, from Advent International. The transaction is expected to close in the third quarter of 2024, subject to satisfaction of certain closing conditions. Financial terms of the transaction were not disclosed.

The Paul, Weiss team is led by partners David Carmona, Matthew Friedman, Annie Herdman, Gregory Ezring and Manuel Frey, and includes corporate counsel Zuzanna Knypinski, tax partner Timothy Lowe, and litigation partners John Carlin and Nicole Succar.