The Firm is representing OverDrive Holdings, Inc., a KKR portfolio company, in connection with its proposed acquisition of Kanopy Intermediate Inc. (“Kanopy”). Financial details of the transaction were not disclosed.
Kanopy provides academic institutions and public libraries with an award-winning catalog of more than 30,000 highly curated films. Kanopy is used by millions of students and library patrons and is available on all major web, mobile and TV platforms.
The Simpson Thacher team includes Marni Lerner and Erica Egenes (M&A); David Rubinsky, Alan Fenyes and Allison Sweeney (Employee Benefits and Executive Compensation); Marcy Geller and Joseph Tootle (Tax); Robyn Cho (Credit); Sara Razi, Antonio Bavasso, Nick Ingros and Sandeep Mahandru (Antitrust); Lori Lesser, Alysha Sekhon and Bobbie Burrows (Intellectual Property); Mike Isby (Environmental); and Krista McManus (Real Estate). Summer Associate Sophie Kim provided valuable assistance.