Simpson Thacher is representing TCV in its acquisition of Oversight, the global leader in spend management technology. TCV will acquire a majority interest from Luminate Capital Partners, who will continue to support the company as a minority equity partner. The investment and expertise from TCV are expected to help Oversight expand its product innovation and build upon its market-leading portfolio of enterprise spend risk solutions.
Since its inception in 1995, TCV has invested over $13 billion in leading technology companies, including Netflix, Facebook, Expedia, Spotify, Airbnb, GoDaddy and Zillow.
The Simpson Thacher team includes Robert Langdon, Fred de Albuquerque, Sherry Shen, Adam Spaulding, David Wuchenich and Paul Clatterbuck (M&A); Brian Gluck and Harini Mekala (Credit); David Rubinsky and Caitlin Fitzgerald (Executive Compensation and Employee Benefits); Nancy Mehlman, Jacqueline Clinton and Zachary Fialkow (Tax); Genevieve Dorment (Intellectual Property); and Jonathan Porter (Antitrust).