The Firm represented the underwriters, led by global coordinators Goldman Sachs & Co. LLC and Citigroup Global Markets Inc., in the initial public offering by CI&T Inc (“CI&T”) of Class A common shares at a price to the public of US$15 per share, raising an aggregate of approximately US$225 million in gross proceeds, including approximately US$58 million sold by certain selling shareholders, such as affiliates of Advent International. CI&T’s Class A common shares are listed on the NYSE under the ticker symbol “CINT.”
CI&T is a provider of strategy, design and software engineering services to enable digital transformation for the world’s largest enterprises and fast growing companies, with a 26-year track record of accelerating business innovations through end-to-end scalable digital solutions. Originated in Brazil, CI&T currently has a global presence of over 5,000 professionals spread across eight countries.
The Simpson Thacher team included S. Todd Crider, Grenfel S. Calheiros, Luiz Noronha and Isabel de Carvalho (Capital Markets); Jennie Getsin (FINRA and Blue Sky); and Jonathan Goldstein and Dmitry Zelik (Tax).