Press Release January 22, 2015

Goodwin Advises Thoma Bravo in Sale of Telestream to Genstar Capital

Goodwin Procter attorneys recently advised Thomas Bravo in the sale of its portfolio company Telestream, Inc. to Genstar Capital. Financial terms were not disclosed.

With offices in Chicago and San Francisco, Thomas Bravo is a leading private equity investment firm that invests with a focus on application and infrastructure software and technology enabled services. The firm currently manages a series of private equity funds representing more than $7.5 billion of equity commitments.

Headquartered in Nevada City, Calif., Telestream provides live and on-demand digital video tools and workflow solutions that allow consumers and businesses to transform video on the desktop and across the enterprise. Telestream products span the entire digital media lifecycle, including video capture and ingest; live and on-demand encoding and transcoding; captioning; playback and inspection, delivery, and live streaming; as well as automation and orchestration of the entire workflow.

The Goodwin deal team advising on this transaction included partners Jared Jensen, Joel Lehrer, Lynda Galligan, Kelsey Lemaster, and associates Monica Patel and William Pearce.

For more information about this transaction, read the press release.