The Firm represented International Data Group (“IDG”), a portfolio company of investment funds affiliated with Blackstone Inc., in connection with IDG’s sale of its Foundry business to Regent, a global private equity firm.
Foundry is a global media, technology and events company providing trusted insights and expert analysis to IT professionals, business executives and technology enthusiasts around the world. Its flagship titles include CIO, CSO, InfoWorld, ComputerWorld, TechHive, PCWorld and Macworld.
IDG is a leading market intelligence and data company, with operations around the globe.
The Simpson Thacher team includes Anthony Vernace, William Allen, Quinn F. Cronan, Michael L. Chen and Jack Larkin (M&A); Jonathan Goldstein, Sophie A. Staples and Shareef M. Salfity (Tax); Gregory T. Grogan, Laura R. Gallo and Josh Goldman (Executive Compensation and Employee Benefits); and Alexander J. Franchilli, Kate E. Mirino and Alexander Kokka (Intellectual Property).