The Firm is representing Kohlberg Kravis Roberts & Co. L.P. and Ipreo Holdings L.L.C. in connection with the sale of Ipreo to private equity funds managed by Blackstone and by the Goldman Sachs Merchant Banking Division. KKR will retain a minority ownership stake in the business. Terms of the transaction were not disclosed.
Ipreo is a leading global provider of new issuance software solutions across the equity, fixed income, municipal, and syndicated loan markets, including bookbuilding systems, roadshow & conference management platforms, and electronic document delivery.
The Simpson Thacher team includes Mark Pflug, Gary Horowitz, Matthew Rogers, Austen Heim and Liz Muscarella (M&A); James Cross and Christian Fischer (Financing); Xavier Kowalski (Capital Markets); David Rubinsky, David Teigman, Alina Finkelshteyn and Holly Gurian (Executive Compensation and Employee Benefits); Nancy Mehlman and Jodi Sackel (Tax); and Alexander Key (IP).