Simpson Thacher represented Rubicon Technology Partners ("Rubicon"), a private equity firm focused exclusively on middle-market software investments, in the successful completion of a $500 million single-asset continuation fund to extend Rubicon's partnership with Cin7, a global leader in cloud-based inventory management software. CVC Secondary Partners served as the lead investor, with participation from other institutional investors including Ares Management funds, funds managed by BlackRock, funds managed by Goldman Sachs Asset Management, and Schroders Capital. This transaction allows Rubicon to provide liquidity to existing investors while enabling Cin7 to accelerate its growth through organic initiatives and targeted acquisitions.
Cin7 supports over 8,500 businesses worldwide, offering end-to-end inventory and order management solutions that streamline supply chain operations across retail, wholesale, and e-commerce distribution channels. By enabling seamless operation and visibility across the inventory lifecycle, Cin7 has become a pivotal solution for businesses looking to manage their supply chain operations and scale effectively.
The Simpson Thacher team includes Robert Guo, Jo Xu, Wenxiong Zhang, Chandler Mores, Ron Kim, Stephanie Lee, Saakna Batbayar, Dina Stumpf, Rachel Nguyen, Abby Kieker, Brittani Frink and Olivia Wong (Fund Formation); Matt Gabbard, Lauren King, Fabiola Villamil and Emma Snover (Fund Transactions and M&A); Benjamin Rippeon, Jacqueline Clinton and Shoshanna Schorr (Tax); and Steve DeLott (Insurance). Jack Traylor and Kayley Ingalls-Rose also provided invaluable assistance.