Milbank LLP is advising the debt financing sources in connection with Novacap's acquisition of Integral Ad Science (“IAS”) (NASDAQ: IAS), a leading global media measurement and optimization platform, in an all-cash transaction that values IAS at approximately $1.9 billion.
Under the terms of the agreement, Novacap will acquire all of the outstanding shares of IAS for $10.30 per share in cash.
The Milbank team is being led by New York-based Global Leveraged Finance partners Marcus Dougherty, Spencer Pepper and George Zhang.