General Atlantic Sells EngageSmart to Vista Equity Partners in $4 Billion Take-Private Deal

Paul, Weiss represented General Atlantic in the take-private sale of its publicly traded portfolio company EngageSmart, a business-to-business software company, to Vista Equity Partners, valuing the company at approximately $4 billion. After giving effect to a rollover by General Atlantic, Vista affiliates hold approximately 65% and General Atlantic affiliates hold approximately 35% of EngageSmart’s equity.

The Paul, Weiss team was led by corporate partners Matthew Abbott and Cullen Sinclair, and included, among others, partners Christopher Cummings, Ellen Ching, Matthew Leist, Caroline Epstein, Suhan Shim and Eric Wedel and counsel David Epstein, Caitlin Kelly and Jason Tyler; tax partners Lindsay Parks and Jeffrey Samuels and counsel Alyssa Wolpin; executive compensation partners Jarrett Hoffman and Jean McLoughlin and counsel Sasha Belinkie; litigation partners Andre Bouchard and Andrew Gordon and counsel Steven Herzog; antitrust partner Scott Sher and counsel Marta Kelly; intellectual property partner Claudine Meredith-Goujon; and real estate partner Peter Fisch.