Dechert LLP

10/25/2024 | Press release | Distributed by Public on 10/25/2024 05:51

Dechert Advises GIC on Acquisition of Zuora

Dechert is advising GIC, a leading global investment firm, in connection with the acquisition (in partnership with private equity firm Silver Lake) of Zuora, Inc., a leading monetization suite for modern business. The acquisition is valued at US$1.7 billion.

Upon completion, Zuora will transition to a privately held company. The transaction is anticipated to close in Q1 2025, subject to customary closing conditions and approvals.

The Dechert team advising GIC is led by corporate partners Jonathan Kim, Mark Thierfelder, Bernardo Piereck, Nick Marchica and Stephen Leitzell; associates Marie Mast, Rodrigo Rivera, Dillan Gomes and Callie Maslowsky; national security partner Hrishikesh Hari; and tax partner Joshua Milgrim.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital - from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology.