Duck Creek Technologies Completes Sale to Vista Equity Partners for $2.6 Billion

Paul, Weiss advised a special committee of Duck Creek Technologies’ board of directors in connection with Duck Creek’s sale to leading global investment firm Vista Equity Partners in an all-cash, take-private transaction valued at approximately $2.6 billion. Duck Creek is an intelligent solutions provider defining the future of property and casualty (P&C) insurance.

The Duck Creek special committee, composed entirely of independent and disinterested directors, led the transaction negotiations. Under the terms of the agreement, Duck Creek shareholders received $19.00 per share in cash.

The Paul, Weiss team was led by partners Laura Turano, Matthew Abbott, Andre Bouchard and Scott Barshay, and included, among others, corporate partners Megan Spelman, Cullen Sinclair and Christodoulos Kaoutzanis, and counsel Cristina Amodeo and Jason Tyler; litigation partners Joshua Soven, Andrew Gordon and Geoffrey Chepiga; executive compensation partner Jarrett Hoffman; intellectual property partner Jonathan Ashtor and counsel Bonnie Chen; tax partner Robert Holo and counsel Anne McGinnis; and antitrust counsel Marta Kelly.