The Firm is representing affiliates of KKR in connection with their agreement to lead a $500 million purchase of Series A Convertible Preferred Stock in Box, Inc. (“Box”) (NYSE: BOX).
Box is a leading cloud content management platform that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. In connection with this transaction, John Park, Head of Americas Technology Private Equity at KKR, is expected to join the board of Box.
The Simpson Thacher team for this transaction includes Marni Lerner, Ravi Purushotham, Jun Won Kim and Alexander Porro (M&A); Marcy Geller and Joseph Tootle (Tax); Jonathan Lindabury, Mimi Cheng and Caitlin Wood (Derivatives); Joseph H. Kaufman (Capital Markets); Jennifer Nadborny (Public Company Advisory Practice); Lori Lesser (Intellectual Property); and Peter Guryan, Kelly Karapetyan and Joshua Hazan (Antitrust).