Weil is advising Seven2 portfolio company Vitaprotech in its acquisition of the physical security, access card, and identity reader operations and assets of Identiv, a global security and identification leader. Under the terms of the agreement, Identiv will receive a cash payment of $145 million upon closing, which is expected to occur in the third quarter of 2024.

Vitaprotech is an international group of leading companies specialized in the development and manufacturing of solutions in the sectors of intrusion detection, access control and intelligent monitoring. Identiv, Inc. is a global leader in digitally securing the physical world. Identiv's platform encompasses RFID and NFC, cybersecurity, and the full spectrum of physical access, video and audio security.

The Weil team is led by Private Equity partner Ryan Taylor and includes Private Equity partner Alexandre Duguay and associates Thomas Forman, Gracy Wang and Christian Lobello; Mergers & Acquisitions partner Michael Lubowitz; Tax partner Hillel Jacobson and associate Natalia Pierotti; Executive Compensation & Benefits partner Regina Readling and associate Nate Gross; Banking & Finance partners Andrew Colao and Nitin Konchady and associates Kate Swain and Dan Cruickshank; Regulatory Transactions partners Shawn Cooley and John O’Loughlin, counsel Nathan Cunningham and Ariel Fliman and associates Cristina Carone and Jessica Nash; Privacy & Cybersecurity partner Olivia Greer and associates David Merck, Shannon Coffey and Aron Lichtschein (Not Yet Admitted in New York); Intellectual Property partner Dennis Adams and associates Dominic Farchione and Colleen Seidel (Not Yet Admitted in New York); Employment counsel Rebecca Sivitz and associate Lauren Kelly; and Antitrust partner Romain Ferla, counsel Michael Naughton and associates Laure De Chalendar and Gabriel Charki.