Avni P. Mehta

Sidley is representing Clearlake Capital Group, L.P. in its US$4.4 billion definitive agreement, in partnership with Insight Partners, to acquire Alteryx, Inc. (NYSE: AYX), an analytics cloud platform company. Alteryx powers analytics through their cloud platform, helping enterprises make decisions with automated, AI-driven insights. Under the terms of the definitive agreement, Alteryx stockholders will receive US$48.25 per share in cash for each share of Alteryx Class A or Class B common stock that they own. The transaction is expected to close in the first half of 2024, subject to customary closing conditions and approvals, including receipt of required regulatory approvals and approval by Alteryx stockholders. Upon the completion of the transaction, Alteryx will become a privately held portfolio company of Clearlake and Insight. The Sidley deal team is being led by Mehdi Khodadad, Mark Castiglia, and Daniel Belke (M&A and Private Equity), and includes Avni Mehta, Nick DeAngelis, Cameron Turkzadeh, and Francesca Sadler (M&A and Private Equity); Nicholas Schwartz, Kristen Smith, Shayona Schiely, Shneur Wolvovsky, Avery Stefan, and Shea Corrigan (Global Finance); Ken Daly, Vadim Brusser, Jamie Sadler, Uvini Edirisinghe, and Iva Todorova (Antitrust and Competition); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Eric Kauffman, Peter McCorkell, Emily Wajert, Maeve Gillespie, and Alex Down (Labor and Employment); William Long, Sheri Porath Rockwell, Denise Kara, Lauren Kitces, and Sasha Hondagneu-Messner (Privacy and Cybersecurity); Kyle Barnett, Dusan Clark, and Ida Ebeid (Technology Transactions); Rachel Kleinberg, Jonathan Westreich, and Fraser Tudor (Tax); Scott Goldstein (Insurance); Sven De Knop, Jen Fernandez, Alessandra Moroni, and Lindsey Ricchi (International Trade); and Johnny Skumpija and Robert Mandell (Capital Markets).~~Sidley is representing Clearlake Capital Group, L.P. in its US$4.4 billion definitive agreement, in partnership with Insight Partners, to acquire Alteryx, Inc. (NYSE: AYX), an analytics cloud platform company. Alteryx powers analytics through their cloud platform, helping enterprises make decisions with automated, AI-driven insights. Under the terms of the definitive agreement, Alteryx stockholders will receive US$48.25 per share in cash for each share of Alteryx Class A or Class B common stock that they own. The transaction is expected to close in the first half of 2024, subject to customary closing conditions and approvals, including receipt of required regulatory approvals and approval by Alteryx stockholders. Upon the completion of the transaction, Alteryx will become a privately held portfolio company of Clearlake and Insight. The Sidley deal team is being led by Mehdi Khodadad, Mark Castiglia, and Daniel Belke (M&A and Private Equity), and includes Avni Mehta, Nick DeAngelis, Cameron Turkzadeh, and Francesca Sadler (M&A and Private Equity); Nicholas Schwartz, Kristen Smith, Shayona Schiely, Shneur Wolvovsky, Avery Stefan, and Shea Corrigan (Global Finance); Ken Daly, Vadim Brusser, Jamie Sadler, Uvini Edirisinghe, and Iva Todorova (Antitrust and Competition); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Eric Kauffman, Peter McCorkell, Emily Wajert, Maeve Gillespie, and Alex Down (Labor and Employment); William Long, Sheri Porath Rockwell, Denise Kara, Lauren Kitces, and Sasha Hondagneu-Messner (Privacy and Cybersecurity); Kyle Barnett, Dusan Clark, and Ida Ebeid (Technology Transactions); Rachel Kleinberg, Jonathan Westreich, and Fraser Tudor (Tax); Scott Goldstein (Insurance); Sven De Knop, Jen Fernandez, Alessandra Moroni, and Lindsey Ricchi (International Trade); and Johnny Skumpija and Robert Mandell (Capital Markets).

Dec 19

2 min

Sidley represented Victory Live in its acquisition of Logitix from private equity firm ZMC. Logitix provides comprehensive ticket inventory management solutions to help sports properties, performing arts operators, venues, promoters, other rightsholders, and resellers optimize ticket sales and revenue through dynamic pricing and distribution services. Victory Live is a technology platform focused on sports and entertainment, event management, data, and ticketing software. The Sidley team was led by Mehdi Khodadad and Aaron Rigby (M&A and Private Equity), and included Avni Mehta, Jonathan Litsey, Anthony Friedman, Staci Alexander, and Kelli McQuillan (M&A and Private Equity); Nicholas Schwartz, Kristen Smith, Alena Thomas, Kendra Smith, and Shea Corrigan (Global Finance); Eric Kauffman and Emily Wajert (Employment); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Rachel Kleinberg and Jonathan Westreich (Tax); Vadim Brusser, Jamie Sadler, and Edward Sharon (Antitrust and Competition); Kyle Barnett and Dusan Clark (Technology Transactions); Scott Goldstein (Insurance); and Stephen McInerney and Ben Cross (Privacy and Cybersecurity).~~Sidley represented Victory Live in its acquisition of Logitix from private equity firm ZMC. Logitix provides comprehensive ticket inventory management solutions to help sports properties, performing arts operators, venues, promoters, other rightsholders, and resellers optimize ticket sales and revenue through dynamic pricing and distribution services. Victory Live is a technology platform focused on sports and entertainment, event management, data, and ticketing software. The Sidley team was led by Mehdi Khodadad and Aaron Rigby (M&A and Private Equity), and included Avni Mehta, Jonathan Litsey, Anthony Friedman, Staci Alexander, and Kelli McQuillan (M&A and Private Equity); Nicholas Schwartz, Kristen Smith, Alena Thomas, Kendra Smith, and Shea Corrigan (Global Finance); Eric Kauffman and Emily Wajert (Employment); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Rachel Kleinberg and Jonathan Westreich (Tax); Vadim Brusser, Jamie Sadler, and Edward Sharon (Antitrust and Competition); Kyle Barnett and Dusan Clark (Technology Transactions); Scott Goldstein (Insurance); and Stephen McInerney and Ben Cross (Privacy and Cybersecurity).

Oct 11

1 min

Sidley is representing Clearlake Capital Group, L.P. and Francisco Partners, two global private equity firms, in their acquisition of Software Integrity Group (“SIG”) from Synopsys, Inc. (NASDAQ: SNPS) for total consideration of up to US$2.1 billion. SIG delivers integrated application security testing to software developers. Its portfolio of software security products interoperates with third-party and open-source tools, allowing organizations to leverage existing investments to build the security program that is best for them. Upon completion of the transaction, SIG will emerge as a newly independent application security testing software provider. The transaction is expected to close in the second half of 2024, subject to customary closing conditions including the receipt of required regulatory approvals. The Sidley team is being led by Mehdi Khodadad and Nicolai Schwarz-Gondek (M&A and Private Equity), and includes Mark Castiglia, Avni Mehta, George Krug, Tommy Tsao, and Daniel Gessner (M&A and Private Equity); Nicholas Schwartz, Kristen Smith, Kendra Smith, and Chloe Kim (Global Finance); Stacy Crosnicker, Gregory Matisoff, and Alexandra Green (Employee Benefits and Executive Compensation); Eric Kauffman, Peter McCorkell, Emily Wajert, Alex Down, and Drew Burkey (Trainee Solicitor) (Employment); Rachel Kleinberg, Jonathan Westreich, and Andy Lau (Tax); Vadim Brusser, Ken Daly, Jamie Sadler, Monika Zdzieborska, and Iva Todorova (Antitrust and Competition); Sven De Knop, Jen Fernandez, and Alessandra Moroni (International Trade); Jim Ducayet and Eric Schwartz (Litigation); Kyle Barnett, Dusan Clark, Andy Dykstra, Dina Kang, and Adia Brantley (Technology Transactions); and Sheri Porath Rockwell and Sasha Hondagneu-Messner (Privacy and Cybersecurity).~~Sidley is representing Clearlake Capital Group, L.P. and Francisco Partners, two global private equity firms, in their acquisition of Software Integrity Group (“SIG”) from Synopsys, Inc. (NASDAQ: SNPS) for total consideration of up to US$2.1 billion. SIG delivers integrated application security testing to software developers. Its portfolio of software security products interoperates with third-party and open-source tools, allowing organizations to leverage existing investments to build the security program that is best for them. Upon completion of the transaction, SIG will emerge as a newly independent application security testing software provider. The transaction is expected to close in the second half of 2024, subject to customary closing conditions including the receipt of required regulatory approvals. The Sidley team is being led by Mehdi Khodadad and Nicolai Schwarz-Gondek (M&A and Private Equity), and includes Mark Castiglia, Avni Mehta, George Krug, Tommy Tsao, and Daniel Gessner (M&A and Private Equity); Nicholas Schwartz, Kristen Smith, Kendra Smith, and Chloe Kim (Global Finance); Stacy Crosnicker, Gregory Matisoff, and Alexandra Green (Employee Benefits and Executive Compensation); Eric Kauffman, Peter McCorkell, Emily Wajert, Alex Down, and Drew Burkey (Trainee Solicitor) (Employment); Rachel Kleinberg, Jonathan Westreich, and Andy Lau (Tax); Vadim Brusser, Ken Daly, Jamie Sadler, Monika Zdzieborska, and Iva Todorova (Antitrust and Competition); Sven De Knop, Jen Fernandez, and Alessandra Moroni (International Trade); Jim Ducayet and Eric Schwartz (Litigation); Kyle Barnett, Dusan Clark, Andy Dykstra, Dina Kang, and Adia Brantley (Technology Transactions); and Sheri Porath Rockwell and Sasha Hondagneu-Messner (Privacy and Cybersecurity).

May 8

2 min

Sidley is representing Perforce Software, a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle that is backed by Francisco Partners and Clearlake Capital Group, L.P., in its definitive agreement to acquire Delphix, a data management software platform. The acquisition is subject to customary closing conditions and is expected to close in the second quarter of 2024. The Sidley team is being led by Mehdi Khodadad and Nicolai Schwarz-Gondek (M&A and Private Equity), and it includes Avni Mehta, Anthony Friedman, and George Krug (M&A and Private Equity); Ken Daly, Vadim Brusser, and Jamie Sadler (Antitrust and Competition); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Sven De Knop, Carys Golesworthy, and Alessandra Moroni (International Trade); Eric Kauffman, Peter McCorkell, Emily Wajert, and Alex Down (Labor and Employment); Sheri Rockwell, Denise Kara, and Garrett Lance (Privacy and Cybersecurity); Rachel Kleinberg and Jonathan Westreich (Tax); and E. Kyle Barnett, Dusan Clark, and Adia Brantley (Technology Transactions).~~Sidley is representing Perforce Software, a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle that is backed by Francisco Partners and Clearlake Capital Group, L.P., in its definitive agreement to acquire Delphix, a data management software platform. The acquisition is subject to customary closing conditions and is expected to close in the second quarter of 2024. The Sidley team is being led by Mehdi Khodadad and Nicolai Schwarz-Gondek (M&A and Private Equity), and it includes Avni Mehta, Anthony Friedman, and George Krug (M&A and Private Equity); Ken Daly, Vadim Brusser, and Jamie Sadler (Antitrust and Competition); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Sven De Knop, Carys Golesworthy, and Alessandra Moroni (International Trade); Eric Kauffman, Peter McCorkell, Emily Wajert, and Alex Down (Labor and Employment); Sheri Rockwell, Denise Kara, and Garrett Lance (Privacy and Cybersecurity); Rachel Kleinberg and Jonathan Westreich (Tax); and E. Kyle Barnett, Dusan Clark, and Adia Brantley (Technology Transactions).

Feb 20

1 min

Sidley is representing Olive & June, LLC, a leading omnichannel retailer of nail care products, in its US$240 million sale to consumer retail company Helen of Troy Limited (NASDAQ:HELE). The acquisition will allow Olive & June to leverage Helen of Troy’s scale and innovation capabilities. Olive & June will continue to operate under its original brand name; other Helen of Troy brands in its beauty and wellness segment include Drybar, REVLON, and Bed Head, to name a few. The Sidley team is being led by David M. Grinberg and Emily Zipperstein (M&A and Private Equity), and included Avni P. Mehta, Chloe Lustig, Celine Ang, and Blake E. Winter (M&A and Private Equity); Rachel D. Kleinberg and Jonathan M. Westreich (Tax); Amy P. Lally (Consumer Class Actions, ERISA and Insurance Litigation); Gregory A. Marrs and Joanna Janica (Employee Benefits and Executive Compensation); Eric Kauffman and Emily M. Wajert (Labor and Employment); Nicole M. Ryan (Securities and Shareholder Litigation); Lauren G. Grau, Dusan Clark, and Natalie T. Crawford (Technology and Life Sciences Transactions); Diane C. McEnroe and Susan Stolzer (Food, Drug and Medical Device); Jen Fernandez and Elyssa R. Kutner (Global Arbitration, Trade and Advocacy); Jamie M. Sadler and Jason C. Semmes (Antitrust and Competition); Rollin A. Ransom and Kseniya K. Belysheva (Commercial Litigation and Disputes); R.J. Carlson, Shayona Schiely, and Chloe Kim (Global Finance); Scott J.F. Goldstein (Insurance); and Samuel N. Tiu (IP Litigation).~~Sidley is representing Olive & June, LLC, a leading omnichannel retailer of nail care products, in its US$240 million sale to consumer retail company Helen of Troy Limited (NASDAQ:HELE). The acquisition will allow Olive & June to leverage Helen of Troy’s scale and innovation capabilities. Olive & June will continue to operate under its original brand name; other Helen of Troy brands in its beauty and wellness segment include Drybar, REVLON, and Bed Head, to name a few. The Sidley team is being led by David M. Grinberg and Emily Zipperstein (M&A and Private Equity), and included Avni P. Mehta, Chloe Lustig, Celine Ang, and Blake E. Winter (M&A and Private Equity); Rachel D. Kleinberg and Jonathan M. Westreich (Tax); Amy P. Lally (Consumer Class Actions, ERISA and Insurance Litigation); Gregory A. Marrs and Joanna Janica (Employee Benefits and Executive Compensation); Eric Kauffman and Emily M. Wajert (Labor and Employment); Nicole M. Ryan (Securities and Shareholder Litigation); Lauren G. Grau, Dusan Clark, and Natalie T. Crawford (Technology and Life Sciences Transactions); Diane C. McEnroe and Susan Stolzer (Food, Drug and Medical Device); Jen Fernandez and Elyssa R. Kutner (Global Arbitration, Trade and Advocacy); Jamie M. Sadler and Jason C. Semmes (Antitrust and Competition); Rollin A. Ransom and Kseniya K. Belysheva (Commercial Litigation and Disputes); R.J. Carlson, Shayona Schiely, and Chloe Kim (Global Finance); Scott J.F. Goldstein (Insurance); and Samuel N. Tiu (IP Litigation).

Nov 21

2 min