Posted on:Weil in the News
Weil advised Providence Equity Partners in connection with its acquisition of VitalSmarts. The investment from Providence Equity Partners will accelerate the company’s corporate growth initiatives and expand the company’s reach of corporate training.
Providence Equity Partners is the leading global private equity firm specializing in equity investments in media, communications, education, and information companies around the world. In total, the firm’s principals manage funds with over $40 billion in commitments and have invested in more than 140 companies globally since the firm’s inception in 1989. VitalSmarts is a global innovator in corporate training and leadership development, providing virtual training, workshops and certification courses to their clients. The company has helped more than 300 of the Fortune 500 to realize significant results using a proven method for driving rapid, sustainable, and measurable change in behaviors.
The Weil team that represented Providence Equity Partners on the transaction included Corporate partner Kevin J. Sullivan (Boston), who led the deal team, and Corporate associates Ben Bodamer, Mariel Dator, Edward Guo and Kelly Wagner (all from Boston); Tax partner Jared Rusman and associate Lane Morgan (all from Dallas); Banking & Finance partner Drew Yoon and associate Kris Villarreal (all from New York); Intellectual Property partner Jeff Osterman along with associates Nick Sinclair and Dennis Adams (all from New York); Executive Compensation counsel Steve Margolis along with associates Eric Schecter and Jennifer Haydel Britz (all from New York); and Antitrust/Competition counsel Vadim Brusser (Washington, DC).