Updated Nov. 13, 2024

On Aug. 5, 2024, Thoughtworks, a global technology consultancy, announced that it has entered into a definitive merger agreement pursuant to which an affiliate of funds advised by Apax Partners LLP (“Apax” and such funds, the “Apax Funds”) will purchase all of the outstanding shares of Thoughtworks common stock that they do not already own, implying a total enterprise value of approximately $1.75 billion for Thoughtworks. Kramer Levin advised the special committee of the Board of Directors of Thoughtworks in reviewing and approving the deal.

The completion of the deal was announced on Nov. 13, 2024.

Key contacts

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Barry Herzog

Partner, Head of Tax, US, New York

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Marissa J. Holob

Partner, Head of Executive Compensation and Employee Benefits, US, New York

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Avram J. Cahn

Special Counsel, New York

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New York Silicon Valley Washington, DC Corporate Private equity Mergers and acquisitions Peter G. Smith Thomas E. Constance Arthur H. Aufses III Barry Herzog Robert N. Holtzman Marissa J. Holob Avram J. Cahn Linda Yao Chen Mariya Khvatskaya Austin Manes Michelle Park Amanda Grimes