The firm represented TCV in connection with its investment in First Due alongside JMI Equity for an aggregate investment by TCV and JMI Equity of $355 million.
First Due powers operations for over 3,000 agencies across all local, state/provincial, and federal segments in the United States and Canada. Major customers include the State of Michigan, City of Charlotte, San Bernardino County Fire Protection District, and several federal agencies including the Department of Defense. The platform delivers a unified solution with best-in-class products for fire, EMS, hospitals and law enforcement, and has rapidly become a leader in AI-driven public safety technology, enabling faster decision making, greater operational readiness, and better response outcomes.
TCV is a leading investment firm focused on investing in global, category-defining, technology companies. Leveraging its deep industry expertise and strategic resources, TCV’s mission is to provide long-term capital and support to high-quality management teams across their growth journey. Since its founding in 1995, TCV has invested over $21 billion in more than 350 technology companies worldwide and has supported over 150 IPOs and strategic acquisitions, making it one of the most active technology investors. TCV has a global presence in Menlo Park, New York, and London.
The Simpson Thacher team includes: Robert Langdon, Mark Myott, Omar Kanjwal, Jack Culbertson and Abby Kieker (M&A); Benjamin Rippeon, Sophie Staples and George Rhein (Tax); David Rubinsky, Laura Gallo and Josh Goldman (Employee Benefits and Executive Compensation); Lori Lesser (Intellectual Property); and Brian Gluck and Peter Bang (Credit).