Linda Barrett

Simpson Thacher is representing TransUnion (NYSE: TRU) in connection with its proposed acquisition of Verisk Financial Services, the financial services business unit of Verisk Analytics, Inc. (NASDAQ: VRSK) for $515 million. The transaction is expected to close in the second quarter of 2022, subject to the satisfaction of customary closing conditions and regulatory approvals.~~Verisk Financial Services is relied upon by leading financial institutions, payments providers and retailers worldwide for competitive studies, predictive analytics, models and advisory services to provide a clear perspective on where their business stands today – and how to best position them for success in the future. Verisk Financial’s leading business, Argus Information & Advisory Services, focuses on credit and debit card accounts and demand deposit account behaviors that complement TransUnion’s core consumer credit business.~~The Simpson Thacher team includes Ravi Purushotham, Eric Swedenburg and Malik Ladhani (M&A); Jonathan Goldstein and Eli Shalam (Tax); Lori Lesser, Melanie Jolson, Bobbie Burrows and Rachelle Broida (IP); David Rubinsky, Linda Barrett and Matias Botto (Executive Compensation and Employee Benefits); Jennifer Hobbs and Patrick Wolff (Banking & Credit); Krista McManus and Dennis Loiacono (Real Estate); Adeeb Fadil (Environmental); and Sara Razi and Geoffrey Schmelkin (Antitrust).

Feb 23

1 min

Simpson Thacher is representing funds managed by KKR in connection with their agreement to acquire Broadcom Inc.’s End-User Computing Division, in a transaction valued at approximately $4 billion. The transaction, which is subject to receipt of required regulatory approvals and satisfying other customary closing conditions, is expected to close in 2024.~~End-User Computing Division (EUC) is the digital work platform leader, trusted by thousands of organizations worldwide as the former VMware EUC business. The EUC digital work platform unifies, automates, and efficiently scales the digital workspace. The intelligence-driven platform enables IT to deliver a secure and productive experience for all employees, across their devices, efficiently at scale.~~The Simpson Thacher team includes Marni Lerner, Naveed Anwar, Beini Chen, Omar Kanjwal, Si Sun, Ondrej Gaiser-Palecek, and Diana Yen (M&A); Marisa Geiger, Alysha Sekhon, Rachelle Broida, and Sarika Pandrangi (Intellectual Property); Marcy Geller, William Smolinski, and Lina Pan (Tax); David Rubinsky, Linda Barrett, and Matias Botto (Executive Compensation and Employee Benefits); Catherine Burns and Christopher Brown (Credit); Peter Guryan and Max Fischer-Zernin (Antitrust); and Krista McManus (Real Estate).

Feb 26

1 min

Simpson Thacher represented GTCR in connection with its significant investment in R&T Deposit Solutions (“R&T”), a leading provider of tech-enabled liquidity management, deposit funding, and securities-based lending programs. Following the investment, GTCR owns 50% of R&T with the remaining 50% retained by existing shareholders, which include Estancia Capital Partners and R&T's founding team and employees.~~R&T provides deposit and liquidity solutions to financial intermediaries around the country. The investment by GTCR is intended to further support and sustain R&T’s high rate of growth in its depository network offering while broadening R&T’s product offerings and augmenting technology infrastructure.~~GTCR is a leading private equity firm focused on investing in transformative growth in companies in the business and consumer services, financial services, technology, healthcare, media and telecommunications sectors. Since its inception, GTCR has invested more than $25 billion in over 270 companies, and the firm currently manages more than $35 billion in equity capital.~~The Simpson Thacher team includes Elizabeth Cooper, Katherine Krause, Izaak Lustgarten and Patrick Reed (M&A); Brian Gluck, Adam Moss and Cem Islikci (Banking & Credit); Greg Grogan and Linda Barrett (Executive Compensation and Employee Benefits); Russell Light and Shareef Salfity (Tax); Lori Lesser, Bobbie Burrows and Rachelle Broida (Intellectual Property); and Steven DeLott (Insurance).

Aug 9

1 min

Simpson Thacher is advising the Infrastructure Investing business within Goldman Sachs Asset Management (“Goldman Sachs”) in connection with its definitive agreement to acquire ImOn Communications, LLC (“ImOn”). The transaction is expected to close in the first half of this year and is subject to receipt of certain customary regulatory approvals.~~Founded in 2007, ImOn currently owns and operates a 2,000+ mile network in eastern Iowa that reaches over 60,000 households and businesses and is one of the fastest growing fiber-to-the-premise broadband companies in the region.~~The Simpson Thacher team includes Katherine Krause, Breen Haire, Tyler Cox, Zain Rifat and Austin Hubbert (M&A); Jennifer Hobbs and Dorothy Hector (Banking and Credit); Jonathan Goldstein and Eli Shalam (Tax); Larry Moss, Linda Barrett and Jeffrey Penn (Executive Compensation and Employee Benefits); Lori Lesser and Melanie Jolson (Intellectual Property); Krista McManus (Real Estate); Michael Isby (Environmental); and Peter Guryan and Kelly Karapetyan (Antitrust).

Feb 17

1 min

Simpson Thacher is representing CBRE Group, Inc. in connection with its role as the lead investor in a $125 million Series E financing round in View the Space, Inc. (VTS), a leading commercial real estate technology platform that transforms how strategic decisions are made and executed across the asset lifecycle. CBRE is providing $100 million of capital and will join the VTS Board of Directors. In addition to its capital investment, CBRE will partner with VTS to roll out the VTS Platform, with unique enhancements and integrations, as the technology platform of choice for its agency leasing and property management teams starting in the U.S.~~VTS is a global leader with more than 60% of Class A office space in the U.S., and 12 billion square feet of office, retail, and industrial space is managed through its platform globally. VTS’ user base includes over 45,000 commercial real estate professionals and industry-leading customers.~~CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.~~The Simpson Thacher team includes Mark Pflug and Paige Brinton (M&A); Kirsten Harmon (Capital Markets); Linda Barrett and Charles Pfeifer (Executive Compensation and Employee Benefits); Russell Light (Tax); Jessica Cohen and Mark Natividad (Intellectual Property and Privacy); and Peter Guryan, Étienne Renaudeau, Kelly Karapetyan and Max Fischer-Zernin (Antitrust).

Jul 9

1 min