Latham & Watkins Advises Press Ganey Forsta in US$6.75 Billion Acquisition by Qualtrics

Qualtrics, the creator of and a leader in the experience management (XM) category, announced it has signed a definitive agreement to invest US$6.75 billion to acquire Press Ganey Forsta, a leading provider of experience measurement and data analytics, payable in a combination of cash and equity. The transaction is subject to receipt of required regulatory approvals and satisfaction or waiver of other customary closing conditions, and is expected to close in the coming months.

Latham & Watkins LLP represents Press Ganey Forsta in the transaction with a corporate deal team led by New York partners John Giouroukakis and David Owen and Los Angeles/New York partner Jordan Miller, with associates Shanta Chirravuri and Taylor Allison. Advice was also provided on tax matters by Chicago partner Joseph Kronsnoble, with associate Michael Zucker; and on compensation and benefits matters by New York partner Bradd Williamson, with associate Anne Bracaglia.