Simpson Thacher is representing Visant Holding Corp. (“Visant”) in its proposed sale to Jarden Corporation (NYSE: JAH) for an enterprise value of approximately $1.5 billion. The transaction is expected to close in the fourth quarter of 2015, subject to customary closing conditions.
Visant is the parent company of Jostens, Inc. and other entities comprising the Jostens business ("Jostens"). Visant is a leading marketing and publishing services enterprise primarily servicing the school affinity, educational and trade publishing and packaging segments. Jostens product portfolio is made up of high quality yearbooks, class and championship rings for students and professional athletes, caps and gowns, diplomas and varsity jackets.
The Simpson Thacher team included Marni Lerner, Shelly Lin, Edward Linden and Derrick Sutter (M&A); David Rubinsky, Jeannine McSweeney, Nadine Mompremier (Executive Compensation and Employee Benefits); Sophie Staples (Tax); Genevieve Dorment (Intellectual Property); Risë Norman (Capital Markets); and James Cross, James Doyle and Eric Schulman (Credit).