ZoomInfo Completes $1.2 Billion Secondary Offering
08.11.21
This is only gets display when printing
Simpson Thacher represented ZoomInfo Technologies Inc. (“ZoomInfo”) in connection with an underwritten secondary offering of its Class A common stock by certain selling stockholders, including investment funds affiliated with TA Associates, The Carlyle Group and 22C Capital and an entity affiliated with ZoomInfo’s co-founders. The offering of 20,000,000 shares of ZoomInfo’s Class A common stock raised approximately $1.2 billion in gross proceeds for the selling stockholders.
Morgan Stanley & Co. LLC acted as the underwriter for the offering.
ZoomInfo (NASDAQ: ZI) is a leading go-to-market intelligence platform for sales and marketing teams. Its platform delivers comprehensive and high-quality intelligence and analytics to provide sales and marketing professionals accurate information and insights on the organizations and professionals they target. Its software, insights and data enable over 20,000 companies to sell and market more effectively and efficiently.
The Simpson Thacher team included Richard Fenyes, Sung Bum Cho and Jason Kitchen (Capital Markets); Andrew Purcell, Jasmine Hay and Abigail Hopper (Tax); and Amanda Weiss (Public Company Advisory Practice).