Simpson Thacher is representing Blackstone in its acquisition of a majority stake in R Systems International Limited (“R Systems”). Blackstone will acquire a majority stake in R Systems from its promoters, and launch a conditional, composite open offer and delisting offer. The transaction is subject to customary closing conditions.~~R Systems is a leading provider of digital Information Technology services and serves customers in the technology, media, telecom and financial services sectors globally. R Systems is a partner of choice for enterprise customers with a strong suite of capabilities in product engineering, artificial intelligence, data analytics, internet of things, robotic process automation and cloud, employing over 4,400 people across 18 delivery centers in North America, Europe, Asia Pacific and India.

The transaction was named Deal of the Year by India Business Law Journal 2023.~~The Simpson Thacher team includes Ian Ho, Valerie Fung, Jasper Ma and Jean-Baptiste Rioual (M&A); Lori Lesser and Mark Natividad (IP); Greg Grogan, Falguni Joshi and Guanxiong Xu (Executive Compensation and Benefits); and Meredith Jones and Daisy Dai (Tax).