Schulte is representing Marlin Equity Partners in its acquisition of Bazaarvoice Inc., a provider of consumer-generated content, advertising and personalization solutions. Helping brands and retailers find and reach consumers, each month in the Bazaarvoice network more than one-half billion consumers view and share authentic consumer-generated content across 5,000 brand and retail websites. Under the terms of the agreement, Marlin will acquire each share of outstanding common stock of Bazaarvoice in exchange for $5.50 in cash for a total value of approximately $521 million. Upon completion of the transaction, which is expected to close in the first quarter of calendar 2018, Bazaarvoice will become a privately-held company.
The Schulte team advising Marlin Equity Partners is led by M&A and securities partner Richard Presutti and associates Stavan Desai and Lowell Dyer. The team also includes finance partner Michael Mezzacappa and employment & employee benefits partner Ian Levin.