Simpson Thacher is representing Cvent, Inc. (“Cvent”) in connection with its acquisition of Reposite Inc. (“Reposite”), an AI-powered online vendor and supplier sourcing platform. Reposite streamlines the meetings and event planning process with its curated database of more than 35,000 group-friendly offerings, robust request for proposal (RFP) creation tools, and AI-powered quote matching solutions. Financial terms were not disclosed.
Cvent is a leading meetings, events and hospitality technology provider that delivers a comprehensive event marketing and management platform and offers a global marketplace where event professionals collaborate with venues to create engaging, impactful experiences.
The Simpson Thacher team includes William Allen, Malik Ladhani, Peter Simon and Amy Zhou (M&A); Drew Purcell and Ed Grais (Tax); Greg Grogan, Andrew O’Brien and Sara Mazurek (Executive Compensation and Employee Benefits); Lori Lesser, Bobbie Burrows and Margerite Blase (Intellectual Property); and Krista McManus (Real Estate).