Simpson Thacher is representing investment funds managed by KKR in connection with its proposed acquisition of Instructure Holdings, Inc. (NYSE:INST) (“Instructure”) for $23.60 per share in an all-cash transaction valued at an enterprise value of approximately $4.8 billion. The completion of the transaction is subject to customary closing conditions and regulatory approvals.
Instructure is a leading global provider of learning management, education-tech effectiveness and credentialing solutions.
The Simpson Thacher team includes Marni Lerner, Joey Mayer, Cathleen Ye, Amy Zhou and Xinyi Mao (M&A); Nancy Mehlman and Elizabeth Trask (Tax); Caitlin Lucey, Alisa Tschorke and Sara Mazurek (Executive Compensation and Employee Benefits); Lori Lesser and Bobbie Burrows (Intellectual Property); Nicholas Westbrook and Camilla Gelson-Thomas (Data Privacy); Christopher Brown, Patrick Wolff and Aaron Gurley (Credit); Peter Guryan and Jamie Logie (Antitrust); and Krista McManus (Real Estate).