Fried Frank acted as counsel to JP Morgan as financial advisor to Monotype Imaging Holdings Inc., in its definitive agreement to be acquired by HGGC. The equity value of the transaction is approximately US$825 million. The transaction is expected to close in the fourth quarter of 2019. Monotype Imaging Holdings is an American type foundry and design company, specializing in digital typesetting and typeface design. HGGC is a leading middle-market private equity firm with US$4.3 billion in cumulative capital commitments.
The Fried Frank team was led by corporate partner Philip Richter and included corporate associate Arielle Matza.