The Firm is representing an affiliate of BPEA Private Equity Fund VIII, part of EQT, in its announced definitive agreement to acquire Perficient, Inc. (NASDAQ: PRFT) for $76.00 per share in cash, representing a total enterprise value of approximately $3.0 billion. The transaction is expected to close by the end of 2024, subject to satisfaction of customary closing conditions including the receipt of required regulatory approvals and approval by Perficient shareholders.
Perficient is the leading global digital consultancy transforming the world’s largest enterprises and biggest brands.
EQT is a purpose-driven global leading investment organization with EUR 242 billion in total assets under management (EUR 132 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.
The Simpson Thacher team includes Elizabeth Cooper, William Allen, Chelsea Penther, Samyel Lee, Ellen Gao and Xinyi Mao (M&A); Brian Steinhardt, Adam Moss and Jule Walsh (Credit); Hui Lin and Christina Park (Capital Markets); David Rubinsky, Caitlin Lucey and Meredith Brenton (Executive Compensation and Employee Benefits); Jonathan Goldstein, Bill Smolinski, Michael Slomovics and Sean Largey (Tax); Lori Lesser, Ron Ben-Yehuda, Kate Mirino and Celeste Fleetwood (Intellectual Property); Sara Razi and Max Fischer-Zernin (Antitrust); Mark Skerry, Claire DiMario and Liam Murray (Foreign Direct Investment); Jonathan Lindabury and Nathan Utterback (Derivatives); and Krista McManus and Dennis Loiacono (Real Estate).