Simpson Thacher is representing Precisely, the global leader in data integrity, in its announced sale to Clearlake Capital Group, L.P. and TA Associates. 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.
Precisely is the 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. Precisely’s data integration, data quality, location intelligence and data enrichment products power better business decisions to create better outcomes.
The Simpson Thacher team includes Atif Azher, Naveed Anwar, Mark Underwood, Megan Whitman, Paul Clatterbuck and Michaela Dion (M&A); Larry Moss, Alisa Tschorke and Garrick Ehlers (ECEB); Brian Steinhardt and Michael Brennan (Credit); Sophie Staples and Edward Grais (Tax); Lori Lesser, Amber Harezlak, Corina McIntyre and Samuel Watters (IP); Tim Mulvihill (Environmental); and Sara Razi and Kelly Karapetyan (Antitrust).