Simpson Thacher represented the underwriters, J.P. Morgan Securities LLC and Barclays Capital Inc., in connection with the secondary offering of common stock of DoubleVerify Holdings, Inc. (“DoubleVerify”) by certain selling stockholders. The offering of 12,500,000 shares of DoubleVerify common stock, which included the full exercise of the underwriters’ option to purchase 1,875,000 additional shares, raised approximately $381 million in total net proceeds.
DoubleVerify is a leading software platform for digital media measurement and analytics. Its mission is to create stronger, safer, more secure digital transactions that drive optimal outcomes for global advertisers.
The Simpson Thacher team for this transaction included Roxane Reardon, Jonathan Ozner, Ben Carson, Avalee Hagerty and Nikaury Payano (Capital Markets); Jessica Cohen, Corina McIntyre, Bobbie Burrows and Sarika Pandrangi (IP); Andrew Blau and Alan Fenyes (Executive Compensation and Employee Benefits); Marcy Geller and Michael Mann (Tax); and Andrew J. Pagliughi (FINRA & Blue Sky).