Stephen M. Fronk

Notable transactions on which Stephen has advised include:

• Amazon in its strategic transaction with Disney to introduce Hey, Disney!, a new custom voice assistant based on Amazon’s Alexa Custom Assistant solution.
• eBay in the intellectual property and technology-related aspects of the separation of eBay and PayPal into two public companies.
• Mastercard in its acquisition of (i) Recorded Future, a global threat intelligence company, for US$2.65 billion, (ii) Dynamic Yield, the provider of a state-of-the art personalization and decision engine platform, from McDonald’s, and (iii) Finicity, a leading North American provider of real-time access to financial data, for US$825 million, including an earn-out of up to US$160 million.
• Churchill Downs in its (i) US$2.485 billion acquisition of substantially all of the assets of Peninsula Pacific Entertainment, (ii) US$250 million acquisition of Exacta Systems, a leading provider of technology to support horse racing operations across the U.S., and (iii) sale of Big Fish Games, a mobile gaming company, to Aristocrat Technologies for US$990 million.
• Audeze, an audio technology brand, in its acquisition by Sony Interactive Entertainment.
• Siris Capital Group in (i) its sale of Fiery, a provider of software solutions for commercial print, packaging, signage, ceramics, building materials, textiles, and other specialty applications, to Seiko Epson for US$591 million, (ii) its acquisition of BearCom, a North American solutions provider of wireless communications and security technologies, from Bertram Capital, (iii) acquisition by its affiliates of Electronics for Imaging for US$1.7 billion, and (iv) sale of Stratus to SMART Global Holdings, a company that provides simplified, protected, and autonomous computing solutions.
• IDEX Corporation in its (i) US$1 billion acquisition of Mott Corporation, a leading designer and manufacturer of filtration and flow control solutions for a range of high-value end markets such as medicine, computing power, sustainable energy, and space exploration, (ii) acquisition of STC Material Solutions, an integrated provider of advanced material science solutions, from Artemis, (iii) acquisition of Iridian Spectral Technologies, a global leader in designing and manufacturing thin-film, multi-layer optical filters, and (iv) €700 million acquisition of Netherlands-based Muon B.V., a micro-precision technology manufacturing company.
• Funds managed and/or advised by the subsidiaries of Apollo Global Management in their acquisition of The Travel Corporation, a family-owned business which boasts a global portfolio of exceptional, market leading travel brands, including: Trafalgar, a leading escorted tour operator; Uniworld Boutique River Cruises, a luxury all-inclusive river cruise line; Contiki, youth travel specialist tour company; and Insight Vacations, premium guided vacation company.
• Zinnia in its strategic acquisition of Policygenius, a digital insurance marketplace.
• Omnicell in its acquisition of (i) MarkeTouch Media, a provider of pharmacy prescription management and patient engagement solutions, and (ii) ReCept Holdings, a leading provider of specialty pharmacy management services for health systems, clinics, and physicians groups.
• Amazon in its partnership with the New York Yankees and the YES Network to live-stream 21 New York Yankees games on Amazon Prime Video.
• Salesforce in its US$1.33 billion acquisition of Vlocity, a leading provider of industry-specific cloud and mobile software.
• Splunk in its (i) US$1.05 billion acquisition of SignalFx, a SaaS leader in real-time monitoring and metrics for cloud infrastructure, microservices, and applications, and (ii) US$350 million acquisition of Phantom Cyber, a cybersecurity company.
• Shape Security, a fraud prevention platform, in its sale to F5 Networks for US$1 billion.
• NiSource in the sale of the gas distribution business of its subsidiary, Columbia Gas of Massachusetts, to Eversource Energy for US$1.1 billion.
• Cigna Corporation in the sale of its group life and disability insurance business to New York Life, the largest mutual life insurer in the United States, for US$6.3 billion.
• Diplomat Pharmacy in its sale to UnitedHealth Group for an enterprise value of approximately US$900 million.
• Tang Media Partners in its acquisition of Open Road Films, a theatrical motion picture distributor, from AMC Entertainment and Regal Entertainment Group.
• Home Chef in its merger with Kroger, a transaction valued up to US$700 million.
• TransUnion in its acquisition of iovation, an anti-fraud technology company.
• Aon in the sale of its benefits administration and human resources business process outsourcing platform to Blackstone for US$4.8 billion.
• Each of Orion Entertainment, a television production company best known for HGTV’s “Tiny House Big Living” and DIY’s “Building Alaska,” and 44 Blue Productions, a television production company best known for A&E’s “Wahlburgers” and “Nightwatch,” in a long-term, worldwide distribution arrangement with Red Arrow Entertainment, a ProSiebenSat1 holding company.
• AwesomenessTV, a multi-platform digital media company co-owned by DreamWorks Animation and Hearst, in its strategic partnership with Endemol Shine Group to extend the international reach of the AwesomenessTV brand.
• Entertainment One in its acquisition of a controlling interest in Renegade 83, an unscripted television production company best known for Discovery Channel’s hit “Naked & Afraid.”
• Tribeca Enterprises, operator of a network of branded entertainment businesses, including the Tribeca Film Festival, in its joint venture with Lionsgate for the launch of the “Tribeca Short List” online subscription video-on-demand video service.
• The Mark Gordon Company, producer of “Grey’s Anatomy,” “Criminal Minds,” and “Ray Donovan,” in its sale of a 51% stake to Entertainment One, for US$132.6 million.
• Pilgrim Studios, an independent production company best known for reality television shows such as “Ghost Hunters” and “Fast N’ Loud,” in connection with a strategic investment by Lionsgate.
• SEGA Networks, an interactive entertainment company, in its acquisition of Demiurge Studios, a developer of mobile, console, and PC games.
• International Game Technology in its (i) acquisitions of rights to various fictional characters, celebrities, and media properties for use in its casino games, (ii) sale to Italian lottery operator Gtech for US$4.7 billion in cash and stock, and (iii) purchase of DoubleDown Interactive, leading developer of casino-style Facebook games, for US$500 million.

• State Bar of California