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Deal Date: 25-06-2012 Practice Area: Corporate and M&A
Deal Title: KKR acquisition of Fotolia Holdings stake Industry: Software & Computer Services
Description:
Simpson Thacher represented KKR in its acquisition of an approximate 50% stake in Fotolia Holdings, Inc. (Fotolia), an online stock photography manager, for approximately $150 million. The transaction closed on June 21, 2012. The Simpson Thacher team working on this transaction included: Mark Pflug, Philip Buffa, Reid Monroe-Sheridan, Misan Ikomi and Rohan Kaul (M&A); Ian Barratt, James Cross, Christopher Bell, Anna Cumming, and Lucy Jenkins (Banking and Credit); Alvin Brown and Jeannine McSweeney (Executive Compensation and Employee Benefits); Steven Todrys and Danny Salinas (Tax); David Vann, Michael Naughton and Etienne Renaudeau (Antitrust).
Financial Center: New York Value: 100.01-500.00
Advised Party: Private Equity Investor Law Firm
Target Company Jurisdiction United States Acquiror Jurisdiction United States
Classification: Financial Buyer Acquisitions Primary Buy-Out
Lawyer Mark D Pflug