The Firm is representing Corporate Risk Holdings, LLC in the announced sale of its subsidiary Kroll Ontrack to LDiscovery, LLC for approximately $410 million. The transaction, which is expected to close in the fourth quarter of 2016, is subject to customary closing conditions.
Corporate Risk Holdings is a global leader in diversified risk and information services. Kroll Ontrack is a leading provider of technology-driven services and solutions to help clients manage, recover, search, analyze, produce and present data efficiently and cost-effectively.
LDiscovery provides a full range of legal and technology consulting services to law firms, corporations and government agencies.
The Simpson Thacher team included Maripat Alpuche, Wenli Cai and David Whelan (M&A); Peter Guryan, Michael Naughton, Ellen Frye, Abram Ellis, Kenneth Ehrhard and Richard Jamgochian (Competition - M&A); Christopher Brown and James Doyle (Banking and Credit); Lori Lesser, Noah Leibowitz, Genevieve Dorment and Derek Stueben (IP); Jonathan Goldstein, Sarah Katz and Taylor Weinstein (Tax); Larry Moss, Patricia Adams and Monisha Bhayana (ECEB); Mike Isby (Environmental); and Steve DeLott (Insurance).