WASHINGTON, D.C. (August 6, 2013) — International law firm McDermott Will & Emery represented ADT Corporation (“ADT”) (NYSE: ADT), in its acquisition of Devcon Security based in Hollywood, Florida, from private equity firm Golden Gate Capital for total consideration of $148.5 million.
This is the first significant acquisition by ADT since it became a public company last year.
ADT is a leading provider of electronic security, interactive home and business automation and monitoring services for residences and small businesses in the United States and Canada. Headquartered in Boca Raton, Florida, ADT helps provide peace of mind to more than six million customers, and it employs approximately 16,000 people at 200 locations.
The McDermott team was led by Washington, D.C. Corporate partner Tom Conaghan and included partners Sam Wales, Jeff Wagner and Joanne Ludovici and associates Elliott Smith and Zach Swartz.
McDermott Will & Emery’s Corporate practice represents a wide spectrum of business interests around the world, from global corporations and industry leading companies to privately funded and entrepreneurial driven enterprises, as well as the financial institutions that support them. The Firm’s highly skilled business lawyers focus on solving complex business problems, acting as strategic partners for clients and advising on the full range of corporate needs—strategizing on corporate growth plans and the subsequent need to access the capital markets or via acquisition through either the private and public markets or the bankruptcy courts.
About McDermott Will & Emery
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,100 lawyers, we have offices in Boston, Brussels, Chicago, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, D.C. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.