Mintz Levin Represents Torex Retail in its Acquisition of Retail Store Systems, Inc.
5/25/2005
Boston, MA - Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC announced that it served as counsel to Torex Retail Plc, the leading supplier of retail management systems to major European retailers, in its acquisition of Providence, RI-based Retail Store Systems, Inc. (RSS), a leading supplier of retail management systems to large and medium US retailers.
Torex Retail has a market capitalization of approximately £140 million with customers in more than fifteen countries. It is Europe's leading independent retail systems solutions provider, and services some of the largest retailers in both the UK and mainland Europe. Its customers account for more than 45% of all retail sales in the UK. The Torex solution set spans all facets of the retail systems business, from leading edge electronic point of sale software, to back office software, to sophisticated performance and productivity systems, to loss prevention and basket analysis solutions.
Cynthia Larose, David Halpert, Daniel Follansbee, Bob Popeo, Jr., Tom Greene and Charles Grace, attorneys in Mintz Levin's Boston office, represented Torex Retail in the acquisition.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC is a multidisciplinary law firm with over 450 attorneys and senior professionals in Boston, Washington D.C., Reston, VA, New York, New Haven, CT, Los Angeles and London.
Mintz Levin is distinguished by its reputation for responsive client service and expertise in the areas of bankruptcy; business and finance; communications; employment; environmental; antitrust and federal regulatory; health care; immigration; intellectual property; litigation; public finance; real estate; tax; and trusts and estates. Mintz Levin's international clientele range from privately held start-ups to Fortune 100 companies in a wide array of industries including biotechnology, venture capital, telecommunications, health care and high technology.
Mintz Levin was one of the first law firms to develop complementary consulting capabilities to provide complete solutions to clients' problems, including investment/wealth management, government and public affairs and transactional insurance.
