Transaction details
While the detailed terms of the transaction remain undisclosed, the deal offers significant benefits to Epika, Trivest and its other shareholders. The transaction provides liquidity to Epika's shareholders and infuses the company with substantial additional capital. This capital will be instrumental in enhancing Epika's service offerings, enabling further investments and expanding its customer base in underserved regions. Epika is committed to solidifying its position as the preferred mobile-solutions provider for fleet operators. More can be found in the company press release.
Reed Smith's role
The transaction was led by Global Corporate Group partner Bradley Schmarak, who serves as global co-head of the firm’s private equity group, and GCG partner Nicholas Gibson. They were supported by associates Matthew Hancock and Crockett Stevenson, who provided essential contributions to the successful completion of the deal. Assistance was also provided by partners Simon Kliegman, Michelle Mantine and Ian Sherwin, as well as by associates Justin Hunter, Batool Banker and Leah Hungerman.
Reed Smith's experience and strategic guidance were pivotal in navigating the complexities of the transaction, ensuring a favorable outcome for all parties involved.