Press Release July 26, 2019

Monotype to Be Acquired by HGGC for an Aggregate Equity Value of Approximately $825 Million

The Technology team is advising Monotype Imaging Holdings Inc. (Nasdaq: TYPE) on a definitive agreement under which HGGC, a leading middle market private equity firm, will acquire all outstanding shares of Monotype common stock for $19.85 per share in cash, representing an aggregate equity value of approximately $825 million.

The $19.85 per share cash consideration represents a premium of approximately 23% to Monotype’s closing share price on July 25, 2019, the last full trading day before today’s announcement. The transaction, which was unanimously approved by Monotype’s Board of Directors, is expected to close in the fourth quarter of 2019.

Monotype empowers creative minds to build and express authentic brands through design, technology and expertise. HGGC is a leading middle-market private equity firm with $4.3 billion in cumulative capital commitments.

The Goodwin team included:

For additional information, please read the press release.