Freshfields represents Rollover Stockholder in $6.5 billion private equity buyout of new relic
Freshfields is representing the largest stockholder of New Relic in the $6.5 billion sale of the company to a private equity consortium. Freshfields’ client, which owns over 10 percent of the shares of New Relic, will be receiving equity for a portion of his shares in an affiliate of the acquisition vehicle in lieu of the all-cash merger consideration into which the shares of the other stockholders will convert in the transaction. Details of the transaction can be found here.
The Freshfields team in Silicon Valley and New York consists of partners Sarah Solum and Paul Humphreys and associate Alex Miezkalski.