Erica M. Egenes

The Firm is representing OverDrive Holdings, Inc., a KKR portfolio company, in connection with its proposed acquisition of Kanopy Intermediate Inc. (“Kanopy”). Financial details of the transaction were not disclosed.~~Kanopy provides academic institutions and public libraries with an award-winning catalog of more than 30,000 highly curated films. Kanopy is used by millions of students and library patrons and is available on all major web, mobile and TV platforms.~~The Simpson Thacher team includes Marni Lerner and Erica Egenes (M&A); David Rubinsky, Alan Fenyes and Allison Sweeney (Employee Benefits and Executive Compensation); Marcy Geller and Joseph Tootle (Tax); Robyn Cho (Credit); Sara Razi, Antonio Bavasso, Nick Ingros and Sandeep Mahandru (Antitrust); Lori Lesser, Alysha Sekhon and Bobbie Burrows (Intellectual Property); Mike Isby (Environmental); and Krista McManus (Real Estate). Summer Associate Sophie Kim provided valuable assistance.

Oct 6

1 min

Simpson Thacher represented Blackstone in connection with its majority investment in Supergoop LLC (“Supergoop!”). Financial terms of the transaction were not disclosed.~~Supergoop! creates highly innovative, feel-good products that make integrating SPF into everyday routines easy (and fun!) in order to inspire consumers to do the number one thing they can for their skin – wear SPF.~~The Simpson Thacher team included Elizabeth Cooper, Michael Chao, Erica Egenes and Jeff Levine (M&A); Jeannine McSweeney and Alisa Tschorke (Executive Compensation and Employee Benefits); Jonathan Goldstein, Eli Shalam and Matt Lester (Tax); Brian Gluck, Robyn Cho and Alex Fraser (Banking and Credit); Peter Guryan, Rick Jamgochian and Kelly Karapetyan (Antitrust); Lori Lesser and Alysha Sekhon (Intellectual Property); and Steve DeLott (Insurance).

Apr 1

1 min

Simpson Thacher is representing ILC Dover (“ILC”) and New Mountain Capital in connection with the announced sale of ILC to Ingersoll Rand Inc. (NYSE: IR) for an upfront cash purchase price of approximately $2.325 billion and an earnout tied to the achievement of select operating efficiency metrics in 2024. The acquisition is subject to customary regulatory approvals and is expected to close in Q2 2024.~~ILC is a world-leader in the design and production of highly innovative solutions for biopharmaceutical, pharmaceutical, and medical device markets as well as a leading supplier for the space industry. ILC has a 75-year heritage of innovation and commitment to expanding its product portfolio of mission-critical applications. ILC serves its global customer base across 11 engineering and production facilities located in North America, Europe, and Asia, with more than 2,000 team members.~~Simpson Thacher represented New Mountain Capital in its acquisition of ILC in 2020.~~The Simpson Thacher team includes Elizabeth Cooper, Joey Mayer, Erica Egenes, Ben Kloss, Simon Teich, Gillian Wei, Dashia Kwok and Pilar Laitano Ferreira (M&A); Adam Arikat, Preston Irace and Eva Gao (Tax); Greg Grogan, Gary Tashjian and Guanxiong Xu (ECEB); Peter Guryan and Jamie Logie (Antitrust); Benjamin Persina (Credit); Lori Lesser and Rachelle Broida (Intellectual Property); Krista McManus (Real Estate); and Timothy Mulvihill and Deepa Sarkar (Environmental).

Mar 25

1 min

The Firm represented Sony Music Entertainment in its acquisition of a majority stake in Alamo Records. Financial details of the transaction were not disclosed.~~Alamo Records is a New York-based multi-genre label founded by music industry entrepreneur Todd Moscowitz focused on the discovery and development of next-generation talent.~~The Simpson Thacher team included Marni Lerner, Erica Egenes and Keegan Lopez (M&A); Jeannine McSweeney and Joo Hyun Lee (Employee Benefits and Executive Compensation); and Steve DeLott (Insurance).

Jun 23

1 min

The Firm represented USI, Inc. (“USI”) in connection with its offering of $620 million aggregate principal amount of 7.500% Senior Notes due 2032. USI used the proceeds from the offering to redeem the entirety of its 6.875% Senior Notes due 2025 and pay related fees and expenses.~~USI is one of the largest insurance brokers and a leading middle market broker in the United States, serving clients across 198 offices in 46 states.~~The Simpson Thacher team included Richard Fenyes, Jieun Lim, Joann Kim, Albert Murzakhanov and Mark Marzziotti (Capital Markets); Dan Kay, Roman Ibragimov and Rani Shah (Credit); Jakob Rendtorff, Erica Egenes and Alexandra David (M&A); Michael Mann and William Smolinski (Tax); David Rubinsky and Pasco Struhs (ECEB); Steve DeLott (Insurance); and Lori Lesser and Bobbie Burrows (IP/Privacy).

Mar 1

1 min