Paul, Weiss advised Francisco Partners in its strategic investment in GreenSlate, a leading provider of payroll and production accounting solutions for the entertainment industry. Francisco Partners is a leading global investment firm that specializes in partnering with technology businesses. Financial terms of the transaction were not disclosed.
GreenSlate manages some of the largest episodic budgets in production and supports some of the biggest names in the entertainment industry, including Netflix, Paramount, Imagine Entertainment and Tyler Perry Studios, among others.
The Paul, Weiss team included corporate partners Jeremy Veit and Austin Pollet; tax partner Lindsay Parks and counsel Sarah Katz; intellectual property partner Jonathan Ashtor and counsel Bonnie Chen; executive compensation partner Jarrett Hoffman; finance partner David Tarr; litigation partner Joshua Soven and counsel Steven Herzog; and antitrust counsel Yuni Sobel.