Morrison & Foerster is advising ThreatMetrix, a leader in the risk-based authentication sector, in its acquisition by RELX Group, a global provider of information and analytics. The companies have entered into a definitive agreement for RELX Group to acquire the entire issued share capital of ThreatMetrix for a consideration of £580 million payable in cash.
As part of the transaction, ThreatMetrix will become part of Risk & Business Analytics under LexisNexis Risk Solutions, which has an established commercial partnership with ThreatMetrix. The transaction is subject to customary conditions and regulatory consents and is expected to close during the first half of 2018.
The MoFo team advising ThreatMetrix is led by San Francisco corporate partner Gavin Grover, and includes San Francisco partners Patrick Huard and John Rafferty, of counsel Jeffrey Washenko, and associates S. Nan Ho, Emily Guttenberg, and Anisah Giansiracusa for corporate; Palo Alto of counsel Linda Barrett and San Francisco associate Tobyn Aaron for employee benefits; San Francisco partner Paul Jahn and associates Tiffany Hu, Alexander Rosenberg, Evangeline Phang and Hywote Taye for technology transactions; and San Francisco partner Remmelt Reigersman and associate Allison Peck for tax.
Please see the related press release here.
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