Silver Lake’s $200 Million Investment in Alchemy

Simpson Thacher represented Silver Lake on the deal while Fenwick represented Alchemy.

Silver Lake announced their role as co-lead investor in a $200 million financing round in Alchemy Insights, a blockchain development platform that aims to provide developers with the fundamental building blocks they need to create the future of technology. The financing round valued the Company at $10.2 billion.

Alchemy’s blockchain development platform powers millions of users in 197 countries worldwide, and powers billions of dollars of transactions for top companies around the world.

The Simpson Thacher team includes Atif Azher (Picture), Mark Myott, Michaela Dion and Lola Tang (Corporate); Lori Lesser, Alysha Sekhon and Mark Natividad (Intellectual Property); and Tristan Brown, Harry Hudesman and Charles Pfeifer (Executive Compensation and Employee Benefits).

The Fenwick transaction team was led by corporate partner Michael Esquivel and included associates Will Black, Trevor Lovell, Shajee Rizvi and Peter Li.

Involved fees earner: Will Black – Fenwick & West LLP; Michael Esquivel – Fenwick & West LLP; Peter Li – Fenwick & West LLP; Trevor Lovell – Fenwick & West LLP; Shajee Rizvi – Fenwick & West LLP; Atif Azher – Simpson Thacher & Bartlett; Tristan Brown – Simpson Thacher & Bartlett; Michaela Dion – Simpson Thacher & Bartlett; Harry Hudesman – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Mark Myott – Simpson Thacher & Bartlett; Carlino Mark Natividad – Simpson Thacher & Bartlett; Charles Pfeifer – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett; Lola Yuanyuan Tang – Simpson Thacher & Bartlett;

Law Firms: Fenwick & West LLP; Simpson Thacher & Bartlett;

Clients: Alchemy; Silver Lake;

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Author: Youness Semri