Simpson Thacher represented Sensor Tower, a portfolio company of Riverwood Capital, in its acquisition of data.ai. Financial terms of the transaction were not disclosed.
Data.ai is a market intelligence platform headquartered in San Francisco.
Sensor Tower, also based in San Francisco, provides enterprise-level data on mobile apps and publishers and digital marketing intelligence offerings.
The Simpson Thacher team included Naveed Anwar, Kira Shannahan, Michaela Dion, Jamie Lee, Matt Walls, Marissa Train and Sabrina Suen (M&A); Tristan Brown, Harry Hudesman and Guanxiong Xu (Executive Compensation and Employee Benefits); Ben Persina, Anita Wu, Taylor Nefussy and Sean Xu (Credit); Sophie Staples, Nancy Mehlman and Ruoxi Zhang (Tax); Lori Lesser, Marisa Geiger, Nicholas Westbrook, Corina McIntyre, Bobbie Burrows, Camilla Gelson-Thomas and Jason Anterasian (Intellectual Property); Karen Kazmerzak, Kelly Karapetyan, Josh Buckland and Max Fischer-Zernin (Antitrust); and Mick Tuesley, Claire DiMario, Thomas Lopez and Liam Murray (Foreign Direct Investment).