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Silver Lake Partners to Invest in Gerson Lehrman Group
December 20, 2007


Gerson Lehrman Group (GLG), the leading technology-enabled marketplace for expertise, today announced it has reached a definitive agreement with Silver Lake, the leading investment firm focused on large scale investments in technology, technology-enabled and related growth industries, under which Silver Lake will make a capital investment of approximately $200 million in GLG. Additional terms of the agreement were not disclosed.

 

Gerson Lehrman provides technology-enabled services to help financial services firms, professional services firms, law firms, nonprofits and corporations find, engage, and manage subject-matter experts. Its expert network is recruited, organized, administered, and accessed by clients through a sophisticated and proprietary technology platform. For the twelve months ended September 30, 2007, the company generated approximately $220 million in revenue and organic revenue growth of 31%. The company is headquartered in New York and maintains 12 offices throughout the United States, Europe and Asia.

 

"We're excited about Silver Lake's deep experience in information and financial technology and the opportunity to work with their talented team of professionals," said Alexander Saint-Amand, Chief Executive Officer of GLG. "Our company's mission is to provide decision-makers in all industries around the world with unique technology and services to find, engage and manage experts. Silver Lake has a great track record of strengthening the global platforms of their portfolio companies and therefore is an ideal partner for GLG's growth and expansion in the coming years," said Mr. Saint-Amand.

 

Michael Bingle, a Managing Director of Silver Lake, said, " Gerson Lehrman Group is an industry pioneer and clear leader in the rapidly growing global market for primary expertise. The company's web-based software, services, and scale provide a unique value proposition to both its clients and its deep base of experts, and we believe the company is very well-positioned for continued growth."

 

Evercore Partners served as advisors to Gerson Lehrman Group in the transaction.

 

The transaction is expected to close in January.

 

About Gerson Lehrman Group


Gerson Lehrman Group (GLG) provides technology and services to support a marketplace for expertise. Since 1998, its platform for consultation and collaboration has helped the world's leading financial services firms, consultancies, corporations, and nonprofits find, engage, and manage experts in a broad range of industries and disciplines. GLG's unparalleled network of the world's leading expert consultants, known as the GLG Councils, includes more than 175,000 subject-matter experts who educate and provide insight to decision-makers through a wide range of consulting methods, including telephone consultations, expert surveys and seminars. GLG has invested in one of the world's most sophisticated infrastructures for expert recruiting and compliance. For more information about GLG, please visit www.glgroup.com.

 

About Silver Lake


Silver Lake is the leading investment firm focused on large scale investments in technology, technology-enabled, and related growth industries. Silver Lake seeks to achieve superior financial returns by investing with the strategic and operating insights of an experienced industry participant. Silver Lake's mission is to function as a value-added partner to the management teams of the world's leading technology franchises. Its portfolio includes or has included technology industry leaders such as Ameritrade, Avago, Avaya, Business Objects, Flextronics, Gartner, Instinet, IPC Systems, MCI, NASDAQ, Network General, NXP, Sabre Holdings, Seagate Technology, Serena Software, SunGard Data Systems, Thomson and UGS. For more information, please visit www.silverlake.com.

 

About Evercore Partners


Evercore Partners is a leading investment banking boutique and investment company. Evercore's Advisory business counsels its clients on mergers, acquisitions, divestitures, restructurings and other strategic transactions. Evercore's Investment Management business manages private equity funds and traditional asset management services for sophisticated institutional investors. Evercore serves a diverse set of clients around the world from its offices in New York, Los Angeles, San Francisco, London, Mexico City and Monterrey, Mexico. More information about Evercore can be found on the firm's Web site at www.evercore.com.

 

Gerson Lehrman Group Contact: Margaret M. Molloy 212-880-6569 mmolloy@glgroup.com


At A Glance

Silver Lake is the global leader in technology investing, with more than $23 billion in combined assets under management and committed capital and a team of approximately 110 investment and value creation professionals located around the world. Today Silver Lake's portfolio of investments collectively generates more than $85 billion of revenue annually and employs more than 200,000 people internationally.

 

 

For a complete list of all Silver Lake portfolio companies, please click the Portfolio tab. It should not be assumed that all investments mentioned here or made in the future will be profitable.

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