Jim Morrone

Latham & Watkins advised Vox Media, LLC and Vox Media Holdings, Inc. (Vox Media), the leading modern media company which is the home of nearly 20 popular and influential brands, including Eater, New York Magazine, SB Nation, The Dodo, and The Verge, in a revolving credit facility issued by Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (SVB). The new revolving credit facility refinances Vox Media’s existing loan facility, also issued by SVB. Latham & Watkins LLP advised Vox Media in the refinancing with a deal team led by partners Haim Zaltzman, Jim Morrone, and Peyton Worley, with associates Trevor Church and Erin Cusenbary.~~

Aug 10

1 min

Yext, Inc. (NYSE: YEXT), the leading digital presence platform for multi-location brands, has announced that it has entered into a definitive agreement to acquire Hearsay Systems, a global leader in digital client engagement for financial services, for US$125 million and up to an additional US$95 million if certain performance targets are achieved. Latham & Watkins advised Hearsay Systems in the acquisition with a corporate deal team led by Bay Area partner Jim Morrone, with associates Chris Cruickshank, Suhansi Perera, and Chris Pham. Advice was also provided on IP matters by Bay Area partner Michelle Gross, with associates Kiara Vaughn, Caroline Omotayo, and Ryan Sanders; on benefits matters by Los Angeles/Bay Area partner Julie Crisp, with associates Megan Ampe and Joe Gu; on antitrust and FDI matters by Washington, D.C. partner Patrick English and Hamburg partner Jana Dammann de Chapto, with associate Nathaniel Amann; and on tax matters by Bay Area partner Kirt Switzer, with associate Derek Gumm.~~

Jun 11

1 min

NextRoll, the San Francisco-based marketing technology company delivering products for ambitious marketers to grow their businesses, has announced it has secured US$50 million in committed financing from Capital IP. The investment will be used to strategically support the next wave of innovation on NextRoll's marketing software for both its business units: AdRoll, its marketing and advertising platform for eCommerce brands, and RollWorks, its account-based marketing platform to help B2B companies grow revenue. This news follows a notable market response to the company's software offerings over the last few years. Latham & Watkins represents NextRoll in the transaction, with a corporate deal team led by Bay Area partners Jim Morrone and Haim Zaltzman, with Houston associate Benjamin Gelfand, Austin associate Erin Cusenbary and Bay Area associate Chris Pham. Advice was also provided on tax matters by Bay Area partners Grace Lee and Kirt Switzer, with associates Jake Meninga and Greg Conyers; and on benefits and compensation matters by Bay Area partner Jay Metz, with New York associate Charity Wyatt.~~

May 24

1 min

Pindrop, a global leader in voice authentication and security, has announced it has secured US$100 million in debt financing from Hercules Capital, Inc. This significant funding will enable Pindrop to further develop its cutting-edge audio, voice, and AI technologies, enhancing its offerings for customers in the banking, finance, contact center, insurance, utilities, healthcare, retail, and other industries. Latham & Watkins LLP represented Hercules in the financing with a transactional team led by partners Dan Van Fleet and Haim Zaltzman, with counsel Emily Yu and with associates Hyunji Lee and Yong Jae Kim; on tax matters by partner Eric Cho; and on corporate matters by partner Jim Morrone.~~

Jul 18

1 min