ZoomInfo Technologies Inc. (ZoomInfo), a leading go-to-market intelligence platform for sales and marketing teams, has announced that certain selling stockholders of ZoomInfo, including investment funds affiliated with TA Associates (TA), The Carlyle Group (Carlyle) and 22C Capital LLC (together with TA and Carlyle, the Selling Stockholders), have priced the previously announced underwritten public offering of 14,938,379 shares of ZoomInfo’s Class A common stock at a price to the public of US$37 per share. This represents an increase of 2,938,379 shares from the previously announced offering size of 12 million shares. The Selling Stockholders have granted the underwriters a 30-day over-allotment option to purchase up to an additional 2,240,756 shares of ZoomInfo’s Class A common stock. The offering is expected to close on August 24, 2020, subject to customary closing conditions.
Latham & Watkins LLP represented the underwriters in the offering with a corporate team led by partners Marc Jaffe, Jason Licht, and Stelios Saffos, with associates Christopher Clark, Isabel Rivera, and Ajani Husbands. Advice was also provided on tax matters by partner Lisa Watts, with associate Eric Kamerman; on data privacy & security matters by partner Robert Blamires, with associate Cassandra Wang; on intellectual property matters by partner Jeremy Wolsk, with associate Ryan Clore; on benefits & compensation matters by partner Dave Della Rocca, with associate Kirk Porter; on AML, FCPA and sanction matters by partner Eric Volkman, with counsel Rachel Alpert and associate Faiza Hasan; and on environmental, health and safety matters by partner James Barrett.