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Simpson Thacher represented UBS Securities LLC, Evercore Group L.L.C., and Stifel, Nicolaus & Company, Incorporated, as placement agents in connection with a committed PIPE financing of approximately $100 million of Thayer’s Class A common stock (the “PIPE”) as part of Inspirato LLC’s (“Inspirato”) entry into a definitive merger agreement with Thayer Ventures Acquisition Corp. (“Thayer”) (Nasdaq: TVAC), a special purpose acquisition company, that will result in Inspirato becoming a publicly listed company. Upon the closing of the transaction, the combined company will operate as Inspirato and its Class A common stock is expected to be listed on Nasdaq under the ticker symbol “ISPO.”

Inspirato delivers exceptional luxury travel experiences with superior service and certainty for affluent travelers in destinations around the world, designed to create lasting memories and relationships with family and friends. The company’s proprietary subscription platform revolutionizes luxury hospitality by creating a frictionless booking journey that expands the addressable market for luxury travel, while also creating a new opaque channel for real estate and hospitality partners to monetize excess inventory.