May 29, 2013 – PAE, a leading provider of global mission services, today announced that it has entered into a definitive stock purchase agreement with Computer Sciences Corporation (NYSE: CSC), to purchase its Applied Technology Division. Cravath, Swaine & Moore LLP is representing PAE and Lindsay Goldberg LLC, a New York City-based private equity firm that owns PAE, in connection with this transaction. The transaction is expected to close in the summer of 2013.
The Cravath team included partner Andrew R. Thompson and associates Christopher D. Barnstable-Brown and Morgan G. Harper (M&A); partner J. Leonard Teti II and associate Kara L. Mungovan (tax); partner Jennifer S. Conway, practice area attorneys Michael Krasnovsky and Lawrence A. Pasini and associate Neetin Gulati (executive compensation and benefits); and partner Matthew Morreale and senior attorney Annmarie M. Terraciano (environmental). Raku Raku also worked on M&A matters.