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Simpson Thacher Represents Apax Partners in Announced $763 Million Acquisition of Trader Corporation’s Auto Assets

03.28.11

Simpson Thacher is representing Apax Partners in connection with its announced $763 million (C$745 million) acquisition of Trader Corporation from Yellow Media Inc.  Trader Corporation’s businesses include AutoTrader.ca, Canada’s leading online automotive classified marketplace, as well as numerous auto-related print publications. Trader Corporation also holds an approximately 30% interest in Dealer Dot Com, Inc., the leading digital auto dealer marketing service provider in the United States and Canada.  The Firm is also representing Apax on the related financing. 

The Simpson Thacher team includes Ryerson Symons, Daniel Layfield and Austin Hill (M&A); Ken Wallach (Capital Markets); Brian Steinhardt and Richard Kim (Banking/Credit); Brian Robbins and Tyler Andersen (Executive Compensation and Employee Benefits); and Mindy Lok (IP).