Press Release
December 14, 2016

Neustar to be Acquired by a Private Investment Group for $2.9 Billion

Goodwin represented Neustar, Inc. (NYSE:NSR) in its agreement to be acquired by a private investment group led by Golden Gate Capital in a transaction valued at approximately $2.9 billion, including debt to be refinanced. Under the terms of the agreement, Neustar’s shareholders will receive $33.50 per share in cash. This represents a premium of 45% to Neustar’s closing stock price on November 11, 2016, the day prior to Golden Gate Capital’s filing of a Form 13F with the SEC disclosing an equity position in Neustar.

An affiliate of global investment firm GIC will also invest in Neustar and will become a minority owner of the company following closing of the transaction, which is expected to close no later than the end of the third quarter of 2017. The transaction is also subject to approval by Neustar’s shareholders, regulatory approvals and other customary closing conditions.

Neustar drives the connected world forward. As a global information services provider and the leader in connection science, the company has the most complete understanding of how to connect people, places and things. Its marketing, risk, security, registry and communications solutions help over 12,000 clients grow and guard their business.

Golden Gate Capital is a San Francisco-based private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures and recapitalizations, as well as debt and public equity investments.

The Goodwin team was led by partners Stuart CableLisa HaddadBlake Liggio and Jennifer Bralower.

For additional details on the transaction, please read the press release.