Fenwick Represents Model N in Pending $1.25 Billion Acquisition by Vista Equity Partners

Fenwick is representing Model N (NYSE: MODN), a provider of cloud revenue management solutions for life science and technology companies, in its pending acquisition by Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.

Under the terms of the agreement, Vista will acquire all the outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion. The transaction is expected to close in mid-2024, subject to customary closing conditions, including approval by Model N stockholders and clearance under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976. More information can be obtained from Model N’s announcement.

The Fenwick transaction team includes corporate partners David Michaels and Amanda Rose, counsel Chelsea Anderson and associates Jeff Zhang, Jiarui Li, Brandon Ho and Bowen Xue; technology transactions partner Jonathan Millard, associate Julia Chung and advisor Sandra Weustink; executive compensation and employee benefits partner Shawn Lampron and associates Christophe Delrieu and Cynthia Yuan; antitrust and competition partner Steve Albertson and associate Jason Gindi; tax partner William Skinner and associate Alexis Maguina; and privacy and cybersecurity counsel Melanie Jolson and associate Alyona Eidinger.