11 Comments
 

Gugg has very strong TMT practice. Deal flow, comp, exits -- all good.   

 

LionTree exits seem to be candidate driven rather than firm driven. You have a couple of analysts there going to HFs like D1, and then others are at smaller MM PEs and some that kind of just disappear. On top of what I assume is a pretty small class the wider range of exits seems to imply its more up to individual performance.

Realistically, the guys there are as connected as it comes, and work on top deals so for the most part firms aren't going to hold anything against a candidate from there. 

 

Recent deals (I got these from a recuriter, did not go out of my way for this info):

  • Advised the Board of Directors and provided a Fairness Opinion on Twitter's $44bn sale to Elon Musk
  •  Advised Nielsen on its sale to a consortium led by Evergreen and Brookfield for $16bn
  •  Advised Modern Times Group (MTG) on its divestiture of ESL Gaming for $1.05bn to Savvy
  • Gaming Group, to be combined with FACEIT and create ESL FACEIT Group
  •  Advisor, sole underwriter and committed financing provider to Take Two in connection with its
  • $12.7 billion acquisition of Zynga
  •  Advised Tegna on its $8.6bn sale to Standard General
  •  Advised Blackstone on its $10bn take-private of QTS
  •  Advised KKR on its $15bn acquisition of CyrusOne with GIP
  • Advised Discovery on its $43bn merger with WarnerMedia
  • Advised Astound Broadband on its $8bn sale to Stonepeak Infrastructure Partners

Dont know much about exits. 

 

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