October 22, 2014
Chicago-based Cision, a leading provider of PR, social software and insight services and a portfolio company of leading private equity firm GTCR, has acquired Gorkana Group Limited, a top U.K.-based media intelligence and data insights provider, through its parent, Discovery Group Holdings Limited, as detailed in the press release below issued by Cision. Terms of the deal were not disclosed.
Latham & Watkins LLP represented GTCR in the transaction with a corporate team led by London partners David Walker and Tom Evans, Chicago partner Bradley Faris and New York partners Jennifer Perkins and Edward Sonnenschein, with London associates Huw Thomas, Douglas Abernethy, Linzi Mutter and Niall Quinn and Chicago associate Christopher Drewry. Advice also has been provided by Washington, D.C. partner Jennifer Van Driesen and London partner Jayanthi Sadanandan with associate William Lam on finance, London partner John Colahan and San Francisco partner Hanno Kaiser on competition and antitrust, London partner Sean Finn and New York partner David Raab on tax and London partner Catherine Drinnan and associate Gretchen Lennon on benefits. Latham previously advised GTCR on its take-private acquisitions of Vocus, Inc. and Cision early in 2014.