Sidley is representing Clearlake Capital Group, L.P. in its acquisition of Precisely together with TA Associates. Precisely is a global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 90% of the Fortune 100. Upon closing of the transaction, Clearlake and TA Associates will become majority shareholders in Precisely. Centerbridge Partners, the current majority shareholder in Precisely, will retain a minority equity stake. Terms of the transaction were not disclosed.
The Sidley team was led by Mehdi Khodadad and Scott Parel (M&A and Private Equity), and included Jeremy Pettit, Mark Castiglia, Katie Legband, Stacy Gulledge, Amanda Patterson, and J.D. Swancoat (M&A and Private Equity); Eric Kauffman, Peter McCorkell, and Vera Iwankiw (Employment); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Kyle Barnett (Technology and IP Transactions); Rachel Kleinberg and Jonathan Westreich (Tax); Karen Kazmerzak, Ken Daly, Elizabeth Chen, Jakob Dewispelaere, and Bethany Wise (Antitrust/Competition); Sven De Knop, Alessandra Moroni, Justine Fassion, and Ines Willemyns (International Trade); Alan Charles Raul, Sheri Porath Rockwell, and Jasmine Agyekum (Privacy and Cybersecurity); Elizabeth McCloy, Bryon Eagon, and Matthew Abu-Taleb (Real Estate); Heather Palmer (Environmental); and Scott Goldstein (Insurance).
