1. Insights
  2. News
  3. Press Releases

Akin Gump Advises Rizvi Traverse Management in Potential Sale of SESAC to Blackstone

January 4, 2017

Reading Time : 1 min
Jump to
View People Mentioned in This NewsView Related Services, Sectors, and Regions

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Send Email
+1 212.407.3080

Sarah Richmond

Senior Communications Manager

Send Email
+1 202.416.5150

(New York) – Akin Gump is pleased to announce it served as legal advisor to private equity firm Rizvi Traverse Management in its potential sale of music rights organization SESAC to funds affiliated with Blackstone. The transaction, for which financial terms were not disclosed, is expected to close by the end of the first quarter. Akin Gump previously represented Rizvi Traverse Management in its acquisition of SESAC in December 2012.

Partner David Antheil, counsel Jonathan Pavlich and Eric Wexler and associate Amanda Lui comprised the M&A team that led the transaction. Partner Stuart Leblang, co-head of the tax practice, and counsel David Snyder advised on tax aspects of the transaction.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

 # # #

Share This Insight

Related Services, Sectors, and Regions

© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.