10 November 2022
Clifford Chance advises UAE-based MVP Tech Group on sale to Convergint
Leading international law firm Clifford Chance has advised MVP Tech Group, a leading UAE-based security, IT Infrastructure and software engineering company across the Middle East serving private enterprises and government clients, on the sale of its business to Convergint, a US-based global leader in service-based systems integration.
The acquisition will extend Convergint’s services to clients within the government, military, and private sectors across the Middle East as well as add more than 200 colleagues to its global operations.
Founded in 2003 and headquartered in Dubai, MVP Tech Group has three offices across the United Arab Emirates and Iraq with near-future expansion plans into KSA.
Convergint is a $2.0 billion global, industry-leading systems integrator that designs, installs and services electronic security, cybersecurity, fire and life safety, building automation and audiovisual systems. Its acquisition of MVP Tech Group follows four others earlier this year that expanded Convergint’s capabilities across Canada, Australia, and the United States.
The Clifford Chance team was led by Jack Hardman as well as UAE Corporate/M&A partner Mike Taylor and supported by senior associate Jordan Knowles and associate Noor Al Kooheji.
Recently named MENA M&A Legal Advisor of the Year by Mergermarket in 2022, Clifford Chance's Tier 1-ranked Corporate team advises on the region's most high profile, largest and innovative M&A transactions. This has included advising on the largest ever M&A deal in the Middle East (PIF's US$69 billion sale of its stake in SABIC), as well as the largest ever M&A deal in the UAE (AD Power's US$20 billion sale to TAQA).