Technology Crossover Ventures’s Acquisition of a controlling interest in Watermark Insights


Simpson Thacher represented Technology Crossover Ventures in connection with TCV’s acquisition of a controlling interest in Watermark Insights, the largest provider of assessment software for higher education institutions worldwide.

The transaction is expected to close in the second quarter of 2018 and is subject to customary closing conditions.

TCV is one of the leading investors in the growth equity space in technology, services and related industries in North America and Europe. The Firm, led by Jay C. Hoag and Richard H. Kimball, is based in Palo Alto.

The Simpson Thacher team included Robert Langdon (Picture), Mark Myott, Michael Deitch and Christopher Sun (M&A); David Rubinsky and Jake Phillips (ECEB); Jeff Ostrow and Marcela Robledo (IP); Katharine Moir and Jacqueline Clinton (Tax); and Brian Gluck and Shana Ramirez (Credit).

Involved fees earner: Robert Langdon – Simpson Thacher & Bartlett; Mark Myott – Simpson Thacher & Bartlett; Michael Deitch – Simpson Thacher & Bartlett; Christopher Sun – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Jacob Phillips – Simpson Thacher & Bartlett; Jeffrey Ostrow – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett; Katharine Moir – Simpson Thacher & Bartlett; Jacqueline Clinton – Simpson Thacher & Bartlett; Brian Gluck – Simpson Thacher & Bartlett; Shana Ramirez – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Technology Crossover Ventures;

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Author: Ambrogio Visconti