Sidley is representing 7GC & Co. Holdings Inc. (NASDAQ: VII), a publicly traded special purpose acquisition company, in its pending business combination with Banzai International, Inc. (Banzai), an end-to-end video engagement platform. The estimated post-transaction enterprise value is US$380 million, with approximately US$207 million in net cash, assuming no redemptions of 7GC & Co. Holdings Inc. public shares. Banzai and Hyros Inc (Hyros) have also entered into a merger agreement, where, immediately prior to the closing of the proposed transaction between Banzai and 7GC & Co. Holdings Inc., Banzai will acquire Hyros for approximately US$110 million in a primarily stock transaction, subject to customary and negotiated adjustments.
The Sidley team is being led by Joshua DuClos (Private Equity) and Michael P. Heinz (Capital Markets), as well as associates Feifei Bian and Jocelyne E. Kelly (M&A). The team also includes Matthew D. Stoker, Nick Behrens, Eryn L. Berquist, James K. Smith, Ellen Heighten, and Eden Moalem (M&A); Liz Tabas Carson (Global Finance); Rachel D. Kleinberg and Jonathan M. Westreich (Tax); Jim Lowe, Edward W. Sharon, and Jerilynne Ming (Antitrust/Competition); Corey Perry, Stacy Crosnicker, and Sarah K. Recktenwald (Employee Benefits and Executive Compensation); Eric Kauffman and Emily M. Wajert (Labor and Employment); Colleen Brown, Sheri Porath Rockwell, Mitchell Noordyke, and João D. Quartilho (Privacy and Cybersecurity); and Stephen M. Fronk and Paul Kariyawasam (Technology and Life Sciences Transactions).
The Sidley team is being led by Joshua DuClos (Private Equity) and Michael P. Heinz (Capital Markets), as well as associates Feifei Bian and Jocelyne E. Kelly (M&A). The team also includes Matthew D. Stoker, Nick Behrens, Eryn L. Berquist, James K. Smith, Ellen Heighten, and Eden Moalem (M&A); Liz Tabas Carson (Global Finance); Rachel D. Kleinberg and Jonathan M. Westreich (Tax); Jim Lowe, Edward W. Sharon, and Jerilynne Ming (Antitrust/Competition); Corey Perry, Stacy Crosnicker, and Sarah K. Recktenwald (Employee Benefits and Executive Compensation); Eric Kauffman and Emily M. Wajert (Labor and Employment); Colleen Brown, Sheri Porath Rockwell, Mitchell Noordyke, and João D. Quartilho (Privacy and Cybersecurity); and Stephen M. Fronk and Paul Kariyawasam (Technology and Life Sciences Transactions).
