Tailwind Capital acquisition of Onix Networking
We advised Tailwind Capital on the transaction
Davis Polk advised Tailwind Capital Group, LLC in connection with its acquisition of Onix Networking Corp, a Google Cloud Partner, as part of a plan to accelerate the next phase of the company’s growth. Financial terms of the transaction were not disclosed.
Tailwind Capital is a leading middle market private equity firm investing in growth-oriented companies in targeted sectors within the healthcare, business and industrial services industries.
Onix Networking Corp. is a provider of cloud IT solutions and services to government and corporate customers. It helps organizations implement and optimize cloud infrastructure, workplace cloud collaboration, enterprise search, maps, location-based services and offers custom app development.
The Davis Polk corporate team included partner Harold Birnbaum and associates Ryan Olson and Roderick Sheng. The intellectual property and technology transactions team included partner Pritesh P. Shah and associate S. Dream Montgomery. The tax team included partner Ethan R. Goldman. Partner Veronica M. Wissel and associate Justin Alexander Kasprisin provided executive compensation advice. The finance team included partner J.W. Perry and counsel Robert F. Smith. All members of the Davis Polk team are based in the New York office.