Fried Frank acted as counsel to Ascential plc in its agreement to acquire a 35% ownership interest in Jumpshot, Inc. Jumpshot is the marketing analytics subsidiary of Avast plc, a global leading cyber security provider. Ascential is a global information company. The valuation of the 35% share is US$60.8 million. The transaction is expected to close at the end of August 2019.
The Fried Frank team was led by corporate partner Maxwell Yim and included corporate partner Philip Richter; antitrust and competition partner Tobias Caspary; intellectual property and technology partner Amir R. Ghavi; tax partner Michael J. Alter; corporate associates Evan M. Campbell, Corey T. Flick, and Asad Hussain; antitrust and competition associate Neda Moussavi; intellectual property and technology associate Marli Sussman; and tax associate David Federgrun.