Davis Polk & Wardwell LLP

03/23/2021 | News release | Distributed by Public on 03/24/2021 11:12

Atairos and Blackstone investment in GeoComply We advised Atairos on the investment

Davis Polk is advising Atairos in connection with the minority investments in GeoComply Solutions Inc. by Atairos and Blackstone Growth. Financial terms of the transaction were not disclosed.

Atairos is an independent, private company focused on supporting growth-oriented businesses across a wide range of industries. Atairos provides a unique combination of active strategic partnership and patient long-term capital to high-potential companies and their management teams. GeoComply is a global leader in geolocation and compliance technology. Founded in 2011, GeoComply has quickly become the digital industry's trusted solution for reliable, secure and accurate geolocation services. Blackstone is one of the world's leading investment firms. Blackstone's $619 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.

The Davis Polk corporate team includes partner William J. Chudd and associate Arthur M.T. Burke. Counsel Ethan R. Goldman and associate Danielle Rapaccioli are providing tax advice. Partner Pritesh P Shah and associate Jesse L. Hallock are providing intellectual property advice. Partner Veronica M. Wissel and associate Justin Alexander Kasprisin are providing executive compensation advice. All members of the Davis Polk team are based in the New York office.