IRI’s $5 Billion Merger with NPD

Simpson Thacher represented The NPD Group and Hellman & Friedman on the deal, while Kirkland & Ellis served as legal counsel to IRI.

The NPD Group (“NPD”) and Hellman & Friedman (“H&F”) announced their entry into a definitive agreement through which Information Resources, Inc. (“IRI”) and NPD will be merged. The combination will create a leading global technology, analytics and data provider that offers clients a view of total retail purchasing and consumption trends powered by advanced, predictive analytics. H&F will lead the ownership group, and existing IRI investors Vestar Capital Partners and New Mountain Capital will retain a significant investment. The transaction is expected to close in the second half of 2022, subject to customary closing conditions.

NPD is a global provider of market information and advisory services in more than 20 industries. IRI is a fast-growing global leader in innovative solutions and services for consumer, retail and media companies.

IRI provides an on-demand, cloud-based technology platform which includes the largest repository of integrated purchase, media, social, causal and loyalty data for more than 5,000 customers around the world.

The Simpson Thacher team included Atif Azher, Naveed Anwar, Mark Underwood, Michaela Dion, Jack Traylor, Jamie Lee, Ysabel Cubos, Mariel McClenahan, Christian Sheets and Maggie Whalen (M&A); Brian Steinhardt, Dorothy Hector and Kyle Nelson (Banking and Credit); David Rubinsky, Jeannine McSweeney, Patricia Adams, Scott Schilson and Matias Botto (Executive Compensation & Employee Benefits); Russell Light and Andrew Mandelbaum (Tax); Lori Lesser, Alysha Sekhon, Bobbie Burrows and Mark Natividad (Intellectual Property); Timothy Mulvihill (Environmental); Robert Guo, Owen Lysak and Daniel Deacon (Funds); Sara Razi, Antonio Bavasso, John Goheen, Kelly Karapetyan, Ross Ferguson, Henry Llewellyn, Pauline Patat, Andrew Jensen and Susanna Breslin (Antitrust); and Mick Tuesley and Claire DiMario (Regulatory).

The Kirkland team was led by corporate partners Jennifer Perkins (Picture), Frances Dales and Andrew Kimball, and antitrust partners Ian John and Marin Boney.

Involved fees earner: Marin Boney – Kirkland & Ellis; Frances Dales – Kirkland & Ellis; Ian John – Kirkland & Ellis; Andrew Kimball – Kirkland & Ellis; Jennifer Perkins – Kirkland & Ellis; Patricia Adams – Simpson Thacher & Bartlett; Naveed Anwar – Simpson Thacher & Bartlett; Atif Azher – Simpson Thacher & Bartlett; Antonio Bavasso – Simpson Thacher & Bartlett; Matias Botto – Simpson Thacher & Bartlett; Susanna Breslin – Simpson Thacher & Bartlett; Bobbie Burrows – Simpson Thacher & Bartlett; Bianca Ysabel Cubos – Simpson Thacher & Bartlett; Daniel Deacon – Simpson Thacher & Bartlett; Claire DiMario – Simpson Thacher & Bartlett; Michaela Dion – Simpson Thacher & Bartlett; Ross Ferguson – Simpson Thacher & Bartlett; John Goheen – Simpson Thacher & Bartlett; Robert Guo – Simpson Thacher & Bartlett; Dorothy Hector – Simpson Thacher & Bartlett; Andrew Jensen – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Jamie Lee – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Russell Light – Simpson Thacher & Bartlett; Henry Llewellyn – Simpson Thacher & Bartlett; Owen Lysak – Simpson Thacher & Bartlett; Andrew Mandelbaum – Simpson Thacher & Bartlett; Mariel McClenahan – Simpson Thacher & Bartlett; Jeannine McSweeney – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Carlino Mark Natividad – Simpson Thacher & Bartlett; Kyle Nelson – Simpson Thacher & Bartlett; Pauline Patat – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Scott Schilson – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett; Christian Sheets – Simpson Thacher & Bartlett; Brian Steinhardt – Simpson Thacher & Bartlett; Jack Traylor – Simpson Thacher & Bartlett; Malcolm Tuesley – Simpson Thacher & Bartlett; Mark Underwood – Simpson Thacher & Bartlett; Margaret Whalen – Simpson Thacher & Bartlett;

Law Firms: Kirkland & Ellis; Simpson Thacher & Bartlett;

Clients: Hellman & Friedman; IRI; NPD Group Inc.;

Avatar

Author: Youness Semri