Centerbridge closes $1.2 bln buy of IPC

Centerbridge Partners LP has completed its $1.2 billion buy of IPC Systems from Silver Lake Partners. The deal was announced in December. Jersey City, N.J.-based IPC provides network services and trading communication technology for the financial markets. Evercore and Goldman, Sachs & Co. advised IPC, while Barclays and Credit Suisse Securities provided financial advice to Centerbridge.

DealsNorth AmericaUSBriefs