Simpson Thacher is representing Tyco International plc (“Tyco”) in connection with its announced acquisition of ShopperTrak, a leading global provider of retail consumer behavior insights and location-based analytics, for approximately $175 million in cash. This transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in Tyco’s fiscal second quarter.
Based in Chicago, ShopperTrak provides customer traffic and related intelligence to more than 1,200 retailers in 97 countries. The company's solutions, such as perimeter traffic counting, in-store consumer behavior analytics and industry benchmarking, enable retailers to improve sales and operational effectiveness.
The Simpson Thacher team includes Alan Klein, Stephen Wiseman, Isaac Gruber, Andrea Riba and Michael Arsiotis (M&A); Drew Purcell and Jasmine Hay (Tax); Greg Grogan, Jamin Koslowe and Holly Gurian (Executive Compensation and Employee Benefits); Lori Lesser, Genevieve Dorment and Amber Harezlak (Intellectual Property); Michael Naughton, Peter Herrick, John Goheen and Jonathan Mincer (Competition - M&A); Adeeb Fadil and Noreen Lavan (Environmental); Krista McManus (Real Estate); and Steve DeLott (Insurance).