Simpson Thacher is representing TCV and Watermark Insights in connection with an agreement to sell Watermark Insights to Main Capital Partners.
Watermark Insights is a platform provider of institutional effectiveness software for the higher education market. Watermark’s fully integrated Education Impact Suite platform supports customers on accreditation, faculty development and student success functions. Watermark’s deep client base of approximately 1,500 customers comprises established public and private institutions, with a particular focus on large universities across North America.
TCV is a leading investment firm focused on investing in global, category-defining, technology companies. TCV’s mission is to provide long-term capital and support to high-quality management teams across their growth journey.
The Simpson Thacher team includes Robert Langdon, Mark Myott, Omar Kanjwal, Nick Redfield, Alexandra Smith and Cynthia Wang (M&A); Benjamin Rippeon, Brian Mendick, and Joana Li (Tax); David Rubinsky, Anvita Baldota, and Marie Gesellschap (Executive Compensation and Employee Benefits); James Talbot, Christine Song, and Alexander Kokka (Intellectual Property); Brian Gluck, Patrick Wolff, and Win Lalley (Credit); and Carleigh Rodriguez and Erin Magoffie (Environmental).