Ropes & Gray Represents Silver Lake in its Strategic Investment in EverCommerce
Ropes & Gray represented Silver Lake in its strategic investment in EverCommerce. Under the agreement, announced on July 23, Silver Lake will acquire a significant ownership stake in the Company. The firm will partner with existing majority shareholder Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners.
Silver Lake is the leading global investment firm dedicated to building and growing great technology and tech-enabled companies.
EverCommerce is the leading service commerce platform, connecting best-of-breed marketing, business management, and customer retention technology solutions for more than 200,000 service sector organizations across the globe.
The Ropes & Gray team was led by private equity transactions partner Eric Issadore, and included private equity transactions partner Al Rose, strategic transactions partners Ed Kelly and Ed Black, tax partner Pam Glazier, finance partner Byung Choi, benefits partner Josh Lichtenstein, health care partners Tim McCrystal and Adrianne Ortega, and litigation & enforcement partners Ruchit Patel and Ryan Rohlfsen.
Ropes & Gray also previously represented Silver Lake in their strategic investments in GoodRx and Weld North Education, again led by private equity transactions partners Eric Issadore and Al Rose.