Sidley represented Newfold Digital, a web and commerce technology provider backed by Clearlake Capital Group, L.P. and Siris Capital Group, LLC, in its definitive agreement to purchase MarkMonitor™, an enterprise-level provider of domain management solutions. The acquisition of MarkMonitor will strengthen Newfold Digital’s enterprise domain management capabilities. Under the terms of the agreement, Clarivate will receive cash proceeds of approximately US$302.5 million. The transaction is expected to close in late 2022, subject to the satisfaction of regulatory approvals and other customary closing conditions.
The Sidley team was led by Mehdi Khodadad, Vijay Sekhon, and Matthew Stoker (M&A and Private Equity), and included Ling Chen, Thomas Guzman, Mariana Orbay, Emily Olivera, Jordan Lemoine, Adam Runcorn, and Lauren Bretton (M&A and Private Equity); Nicholas Schwartz, Kristen Smith, Mahalia Doughty, Iram Tariq, Nicholas Prey, and Esther Crang (Global Finance); Eric Kauffman, Cathryn Le Regulski, Peter McCorkell, Alex Down, and Emily Wajert (Labor and Employment); Stacy Crosnicker and Gregory Matisoff (Employee Benefits and Executive Compensation); Rachel Kleinberg, Jason Menzies, Jonathan Westreich, and Avi Kaye (Tax); Kyle Barnett (Technology Transactions); Karen Kazmerzak, Laura Collins, Edward Sharon, Ken Daly, Jakob Dewispelaere, and Jerilynne Ming (Antitrust/Competition); Sven De Knop and Alessandra Moroni (International Trade); Eric Schwartz and Tatiana Fields (Litigation); Heather Palmer and Sarah Jehl (Environmental); Jen Fernandez, Craig Francis Dukin, and Kayla Scott (Regulatory); Sheri Porath Rockwell and Carly Owens (Privacy and Cybersecurity); and Elizabeth McCloy, Matt Wholey, and Joy Kerr (Real Estate).
