Simpson Thacher represented Goldman Sachs & Co. LLC as underwriter in connection with the offering by a certain selling stockholder of 5,830,905 shares of common stock of PTC Inc. (“PTC”). The secondary offering, which was effected pursuant to a block trade, raised gross proceeds for the selling stockholder of $820 million.
PTC is a global software company that provides a portfolio of innovative digital solutions that work together to transform how physical products are engineered, manufactured and serviced.
The Simpson Thacher team for this transaction included Hui Lin, Sunny Cheong, Art Robinson and Anna Jarman (Capital Markets); Pasco Struhs (Executive Compensation and Employee Benefits); Jonathan Cantor and Adam Hersch (Tax); Michael Isby (Environmental); Bobbie Burrows (IP); and Jennie Getsin (FINRA & Blue Sky).