Simpson Thacher represented funds managed by KKR in connection with its acquisition of Varsity Brands, Inc., a market leader in team sports, athletics and spirit, from Bain Capital and Charlesbank. Terms of the transaction were not disclosed.
Varsity Brands is the premier team sports platform, providing a comprehensive range of services and solutions for sports, cheer, dance, band, and yearbook programs. Varsity Brands supports athletic programs, schools, gyms and teams with customizable uniforms, gear, competitions, experiences, training, education and more.
The Simpson Thacher team includes Ravi Purushotham, Marni Lerner, Johanna Mayer, Theresa Scharff, Luca Tomasi, Jack Ligon, Christopher Haughey, Celeste Fleetwood and Xinyi Mao (M&A); Brian Steinhardt, Patrick Wolff, Callie Robins, Jule Walsh, Zach Benaharon and Tristram Young (Credit); Ryan Bekkerus and Jessica Asrat (Capital Markets); Marcy Geller, Sophie Staples, Lina Pan and Michael Stephenson (Tax); Tristan Brown and Radhika Tahiliani (Executive Compensation and Employee Benefits); Lori Lesser and Chandler Gerard-Reimer (Intellectual Property); Peter Guryan and Jamie Logie (Antitrust); and Krista McManus (Real Estate).