Lowenstein Sandler represented Integral Ad Science, Inc. (IAS), a global software company that empowers the advertising industry with ad effectiveness solutions, in the sale of a majority of its shares to Vista Equity Partners (Vista), a private equity firm investing in software, data, and technology companies. Lowenstein Sandler incorporated IAS and has, for the last decade, represented the company in numerous financings and other matters.
Vista is a value-added investor with an extensive track record of helping companies achieve operational, product, and customer service excellence by contributing professional expertise and proven best practices. Vista’s support will further enable IAS’s commitment to drive innovation and solve for the most pressing digital advertising challenges, expanding capabilities into additional advertising channels, and scaling the business into new global markets. IAS’s investors include Sapphire Ventures, Pelion Venture Partners, August Capital, and Accomplice. The transaction is expected to close in the third quarter of 2018.
The Lowenstein team was led by Raymond P. Thek and included Peter H. Ehrenberg, Ed Zimmerman, Colin J. Kirby, Shimite Obialo, Sarah Gore, Elias Kwon, Alex Galev, Christina Lee, and Kristen Nicol, as well as invaluable support from specialists in Tax: Brian A. Silikovitz and Sophia Mokotoff; Employee Benefits & Executive Compensation: James E. Gregory, Darren Goodman, Megan Monson, and Eric Margulies; Intellectual Property Litigation: Mark P. Kesslen and Lisa A. Harvey; Antitrust & Trade Regulation: Zarema A. Jaramillo; and Privacy & Cybersecurity: Mary J. Hildebrand.
- View IAS’s news announcement about this transaction.
- View the The Wall Street Journal’s coverage of this deal (subscription required to access article).