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Blackstone Leads $225 Million Investment in Clari

01.20.22

Simpson Thacher represented affiliates of Blackstone (“Blackstone”) in connection with its role as the lead investor in a $225 million Series F investment round in Clari, Inc. (“Clari”). The investment raises Clari’s total valuation to more than $2.6 billion. 

Clari develops purpose-built software that helps every company, from Wall Street to Main Street, deliver world-class revenue performance by transforming their revenue operations to be more connected, efficient and predictable. 

The Simpson Thacher team included Anthony Vernace, Robert Langdon and Keegan Lopez (M&A); Lori Lesser and Rachelle Broida (Intellectual Property); Greg Grogan and Jeffrey Penn (Executive Compensation and Employee Benefits); Jonathan Goldstein and Ruoxi Zhang (Tax); Dennis Loiacono (Real Estate); Adeeb Fadil and Noreen Lavan (Environmental); and Kelly Karapetyan (Antitrust).