Clifford Chance advising Informa on strategic combination with TechTarget

January 12, 2024

Benjamin Sibbett , John Healy , Jonathan Bobinger , Christine Kim , Steven Fox , Katherine Moir , Katerina Papacosma , Susan Trepekli , Emely Luna , Mariam Sleiman , Philip Wagman , Kevin Colan , Wei Bin Tan , Chinwe Odimba-Chapman , Clare Hoxey , Sonia Gilbert , Cécile Zoro , David Walsh , Ivona Dimov , Laura Conway , Sabrina Brecher , Jason C. Ewart , Julia House , Kate Vyvyan , Arianna Zarka , Victoria Manthas , Anthony Norris , Megan Gordon , Renée Latour (She/Her) , Catherine Ennis (She/Her) , Jacqueline Landells (She/Her) , Holly Bauer (She/Her) , Jonathan Zonis (He/Him) , Hailey Hennessey , Hillary Healey , Matthew Mouer , Ross Jablon
New York , London , Washington D.C. , Beijing , Houston

Clifford Chance advising Informa on strategic combination with TechTarget

New York / London: Clifford Chance is advising long-time client Informa (LSE: INF.L), a member of the FTSE 100, in connection with its recently announced definitive agreement to combine its Informa Tech digital businesses with TechTarget (Nasdaq: TTGT). Informa has agreed to contribute its Informa Tech digital businesses and $350 million of cash in exchange for a 57% stake in the combined company. Existing stockholders of TechTarget will retain a 43% stake in the combined company. The combination will create a leading US-listed platform in B2B data and market access.

Informa is a leading international B2B events, digital services, and academic knowledge group. Informa Tech is a division of Informa and a leading provider of market insight and market access information to the global business technology community. TechTarget is a leading provider of purchase intent-driven marketing and sales services for enterprise technology companies.

M&A partners Benjamin Sibbett, John Healy (New York) and Jonathan Bobinger (Houston), and associate Christine Kim (New York) are leading the cross-border, multi-practice Clifford Chance team advising Informa on the transaction.

The wider Clifford Chance team includes:

M&A: partners Steven Fox and Katherine Moir (London), and associates Katerina Papacosma, Susan Trepekli, Emely Luna, Mariam Sleiman (New York), and Hailey Hennessey, Hillary Healey and Matt Mouer (Houston)
Tax: partners Philip Wagman and Kevin Colan, and associate Wei Bin Tan (New York)
Employment, benefits, and pensions: partners Paul Koppel (New York), Chinwe Odimba-Chapman, Sonia Gilbert and Clare Hoxey (London), counsel Cécile Zoro (Paris), and associates David Walsh, Ivona Dimov (New York), Laura Conway, Robert Klepka, Sabrina Brecher, Julia Clark-Leonard, Ella Burnside, and Victor Taiwo (London)
Antitrust: partner Brian Concklin (Washington, DC), counsel Michael Rueter (London) and associates Elyssa Wenzel, Eva Kurban, and Ross Jablon (Washington, DC)
Technology and intellectual property: partner Violetta Kokolus, counsel Daryl Fairbairn, and associates Lee Garza (New York) and Ricky Legg (Houston)
Banking and finance: partners Jason Ewart (New York), Julia House, and Kate Vyvyan (London), and associates Arianna Zarka (New York)
Real estate: counsel Victoria Manthas and associate Anthony Norris (New York)
Foreign investment and regulatory: partners Megan Gordon and Renée Latour, counsel Catherine Ennis and Jacqueline Landells, and associates Holly Bauer, David Harris, Martina Kneifel (Washington, DC)
Corporate: counsel Jay Liang (Shanghai)
Capital markets: partner Jon Zonis (New York)

This transaction represents one in series of work Clifford Chance has done with Informa, including advising it in its of acquisition of Winsight last spring.