Skip To The Main Content

News & Events

Matter Highlights Go Back

Simpson Thacher Represents One Equity Partners in Follow-on Investment in X-Rite, Incorporated

08.24.09

The Firm represented One Equity Partners (OEP), a private equity affiliate of JPMorgan Chase & Co., in connection with a follow-on investment in X-Rite, Incorporated (X-Rite), a NASDAQ listed technology company that develops color management systems and solutions.  An affiliate of OEP purchased outstanding second-lien indebtedness under X-Rite’s credit agreement from certain lenders and simultaneously exchanged such indebtedness with X-Rite for newly created shares of X-Rite Series A Preferred Stock and warrants to acquire shares of X-Rite common stock. 

 

The Simpson Thacher team working on this transaction includes:  William Dougherty, Atif Azher and S. J. Gagliardi (M&A); J. T. Knight, Jason Hwang, Anthony McMahon and Lia Toback (Credit); Gary Mandel and Kurt Dudas (Tax); Frank Marinelli and LeAnn Leutner (Securities); and Michael Naughton and William Kearney (Antitrust).