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.
About Fenwick & West
Fenwick & West has achieved a reputation as having one of the nation's leading domestic and international tax practices. The tax group's exciting and sophisticated practice stems from its client base. Our tax clients represent every geographic area of the United States, as well as a number of foreign countries, and have included over 100 Fortune 500 companies. The firm was awarded First Tier status by International Tax Review 2008 as one of only eight law firms in the entire U.S. to receive the First Tier rating; Chambers USA 2007 also ranked Fenwick & West first tier in tax for California and nominated the firm for its "Award for Excellence in Corporate Tax" 2007: one of only two nominees outside New York City.