HGGC’s $825 Million Acquisition Of Monotype Imaging Holdings

Kirkland & Ellis advised HGGC, a leading middle market private equity firm, on its agreement to acquire all outstanding shares of Monotype Imaging Holdings Inc. (Nasdaq: TYPE) common stock for $19.85 per share in cash, representing an aggregate equity value of approximately $825 million.

Monotype specializes in digital typesetting and typeface design as well as text and imaging solutions for use with consumer electronics devices.

J.P. Morgan served as exclusive financial advisor to Monotype, and Goodwin Procter LLP served as legal counsel. Deutsche Bank Securities Inc. served as exclusive financial advisor to HGGC. Kirkland & Ellis LLP served as legal counsel to HGGC.

The Kirkland team was led by transactional partners Travis Nelson (Picture), Joshua Zachariah, Joseph Halloum and Rodin Hai-Jew; and debt finance partner Sonali Jindal.

The Goodwin team included M&A/Corporate partners John Mutkoski, Joe Johnson, Andrew Goodman and Lillian Kim, and associates Rob Dzialo, Nana Atsem, Darren Bartlette, Evyn Rabinowitz and Adi Ester Vinyarsh. Antitrust partner Andrea Agathoklis Murino and associate Matthew Wheatley Executive Compensation and ERISA partner Natascha George, and associates Alex Denniston and Morgan Frisoli. Intellectual Property partner Joel Lehrer and associate Tim Wright. Debt partner Will Pearce and associate Kenny Dikas. Tax partner Janet Andolina and associate Alex Plaum. Labor and Employment associate Tim Holahan. Privacy and Cybersecurity counsel Jackie Klosek. CFIUS counsel Jacob Osborn and associate Justin Pierce. Litigation partner Deborah Birnbach and associate Ezekiel Hill.

Involved fees earner: Darren Bartlette – Davis Polk & Wardwell; Janet Andolina – Goodwin Procter; Nana Atsem – Goodwin Procter; Deborah Birnbach – Goodwin Procter; Alex Denniston – Goodwin Procter; Kenneth Dikas – Goodwin Procter; Rob Dzialo – Goodwin Procter; Morgan Frisoli – Goodwin Procter; Natascha George – Goodwin Procter; Andrew Goodman – Goodwin Procter; Ezekiel Hill – Goodwin Procter; Timothy Holahan – Goodwin Procter; Joseph Johnson – Goodwin Procter; Lillian Kim – Goodwin Procter; Jacqueline Klosek – Goodwin Procter; Joel Lehrer – Goodwin Procter; Andrea Agathoklis Murino – Goodwin Procter; John Mutkoski – Goodwin Procter; Jacob Osborn – Goodwin Procter; William Pearce – Goodwin Procter; Justin Pierce – Goodwin Procter; Alex Plaum – Goodwin Procter; Evyn Rabinowitz – Goodwin Procter; Matthew Wheatley – Goodwin Procter; Timothy Wright – Goodwin Procter; Rodin Hai-Jew – Kirkland & Ellis; Joseph Halloum – Kirkland & Ellis; Sonali Jindal – Kirkland & Ellis; Travis Nelson – Kirkland & Ellis; Joshua Zachariah – Kirkland & Ellis;

Law Firms: Davis Polk & Wardwell; Goodwin Procter; Kirkland & Ellis;

Clients: HGGC, LLC; Monotype Imaging Holdings;

Author: Ambrogio Visconti