Lowenstein Sandler represented TRANZACT in its sale to private equity fund, Clayton, Dubilier & Rice. TRANZACT, the leading provider of direct-to-consumer sales and marketing solutions for insurance carriers in the United States, is a longtime firm client. This transaction represents the fourth time Lowenstein has been involved in the sale of a stake of this company. Terms of the transaction were not disclosed. The deal team included Steven Siesser, Traci Tomaselli, Anita Chapdelaine, Darren Goodman, Megan Monson, Brian Silikovitz, Lesley Adamo, Lowell Citron, Maureen Montague, Vanessa Ignacio, and John Wintermute.
June 9, 2016