Blackstone’s $225 Million Investment in Clari

Simpson Thacher represented Blackstone on the deal.

Blackstone (announced its role as the lead investor in a $225 million Series F investment round in Clari. The investment raises Clari’s total valuation to more than $2.6 billion. 

Clari develops purpose-built software that helps every company, from Wall Street to Main Street, deliver world-class revenue performance by transforming their revenue operations to be more connected, efficient and predictable. 

The Simpson Thacher team included Anthony Vernace (Picture), Robert Langdon and Keegan Lopez (M&A); Lori Lesser and Rachelle Broida (Intellectual Property); Greg Grogan and Jeffrey Penn (Executive Compensation and Employee Benefits); Jonathan Goldstein and Ruoxi Zhang (Tax); Dennis Loiacono (Real Estate); Adeeb Fadil and Noreen Lavan (Environmental); and Kelly Karapetyan (Antitrust).

Involved fees earner: Rachelle Broida – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Gregory Grogan – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Robert Langdon – Simpson Thacher & Bartlett; Noreen Lavan – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Keegan Lopez – Simpson Thacher & Bartlett; Jeffrey Penn – Simpson Thacher & Bartlett; Anthony Vernace – Simpson Thacher & Bartlett; Ruoxi Zhang – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Blackstone;

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Author: Youness Semri