Davis Polk is advising Vector Capital Corporation in connection with its approximately $281.8 million acquisition of Gerber Scientific, Inc. The transaction, which is expected to close in the second half of calendar 2011, is subject to customary approvals and closing conditions. Completion of the transaction also requires approval by a majority of the outstanding shares of Gerber Scientific.

With over $2 billion of capital, Vector Capital is a leading global private equity firm specializing in spinouts, buyouts and recapitalizations of established technology businesses. Gerber Scientific, Inc. is a leading international supplier of sophisticated automated manufacturing systems for the sign making, specialty graphics, packaging, apparel and industrial industries.

The Davis Polk corporate team includes partners Martin A. Wellington and Julia K. Cowles and associates Stephen Salmon and Shan Jiang. The tax team includes partner Rachel D. Kleinberg. Associate Emma Maconick is providing intellectual property advice. Partner Juliet Cain is providing credit advice. Counsel Cynthia Akard is providing benefits advice. Counsel James C. O'Brien is providing real estate advice. Partner Neal A. Potischman and associate Jason M. Spitalnick are providing litigation advice. Members of the Davis Polk team are based in the Menlo Park and New York offices.