Simpson Thacher is representing Hellman & Friedman in its investment in Sprinklr at a $2.7 billion valuation. Sprinklr also secured an additional $150 million in convertible securities from Sixth Street Growth, the growth investment arm of Sixth Street, a leading global investment firm. The investment from Hellman & Friedman is expected to close in October following regulatory approvals and customary closing conditions.
Sprinklr is a world leading Customer Experience Management (CXM) platform. Sprinklr helps organizations listen to, engage, and reach customers and citizens across 25 social channels, 11 messaging channels, and hundreds of millions of forums, blogs and review sites. Sprinklr is a global company with 1,900 employees helping more than 1,000 of the world’s largest and most valuable enterprises make their customers happier.
The Simpson Thacher team includes Atif Azher, Fred de Albuquerque and Anna LeGrett (M&A); David Rubinsky, Jeannine McSweeney and Monisha Bhayana (Executive Compensation and Employee Benefits); Jonathan Goldstein and Tyler Robbins (Tax); Genevieve Dorment (IP); and Sara Razi and John Goheen (Antitrust).