IT consultancy to acquire rhipe Limited IT consultancy to acquire rhipe Limited 12 July 2021 • By Lauren Croft Share Advertisement "); googletag.cmd.push(function() { googletag.display('div-gpt-ad-1606778613657-0'); }); } Advertisement Deal: Baker McKenzie has advised IT consultancy service Crayon Group Holdings on its proposed acquisition of ASX-listed rhipe Limited, an Australian cloud software licensing business. The issued shares of Rhipe will be acquired at $2.50 per share, totalling $408 million in value. Value: $408 million. Area: M&A, corporate. Key players: The Baker McKenzie team was led by corporate partners Lance Sacks and Rick Troiano, senior associate Eric Li and associate Lewis Assness. Other members of the Baker McKenzie team included Rohit Duggal, David Wang, Kilian Elkinson, Caitlin Whale, Raghav Iyer, Victoria Bell, Michael Starkey, Gareth Austin and Lynsey Edgar.