Thoma Bravo’s Acquisition Of Internet Brands’ Autodata Solutions


Simpson Thacher represented Internet Brands, a KKR portfolio company, in connection with Internet Brands’ proposed sale of its Autodata Solutions Group to investment funds affiliated with Thoma Bravo, LLC.

Financial terms of the transaction were not disclosed. The transaction is expected to close in the coming weeks, subject to customary closing conditions.

The Autodata Solutions Group serves the global automotive industry with versatile data, technology, and marketing solutions. Founded in 1990, the company is headquartered in London, Ontario, Canada and has offices in Troy Michigan, Portland, Oregon and Minneapolis, Minnesota. Autodata Solutions, along with its Chrome Data and UnityWorks brands, serves the automotive industry with software and SaaS solutions that increase the effectiveness of the automotive sales chain.

The Simpson Thacher team includes Marni Lerner (Picture), William Allen, Justine Chiu and Katherine Smith (M&A); Adam Shapiro and Adam Moss (Credit); David Rubinsky, Patricia Adams and Caitlin Lucey (Employee Benefits and Executive Compensation); Rob Holo, Sophie Staples and Sarah Duffy (Tax); Lori Lesser, Marcela Robledo, Genevieve Dorment and Melanie Jolson (Intellectual Property); Adeeb Fadil (Environmental); and Krista McManus (Real Estate). Donovan Westbrook also provided valuable assistance.

Involved fees earner: Patricia Adams – Simpson Thacher & Bartlett; William Allen – Simpson Thacher & Bartlett; Justine Chiu – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Sarah Duffy – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Marni Lerner – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Caitlin Lucey – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Adam Moss – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Adam Shapiro – Simpson Thacher & Bartlett; Katherine Smith – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett; Donovan Westbrook – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Internet Brands;

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Author: Ambrogio Visconti