09/02/2025 | Press release | Distributed by Public on 09/02/2025 12:29
Cravath represented the administrative agent, lead arrangers and bookrunners in connection with $2 billion of credit facilities made available to Verisk Analytics, Inc. ("Verisk"), as part of the financing transactions undertaken in connection with its pending acquisition of Exactlogix, Inc. ("AccuLynx.com"). Verisk is a leading data, analytics and technology provider serving clients in the insurance ecosystem. The credit facilities consisted of a $750 million term loan facility and a $1.25 billion revolving credit facility. The transaction closed on August 15, 2025.
The Cravath team included partners Tatiana Lapushchik and Matthew M. Kelly and associates Abhilasha Gokulan and Olivia Zhao on banking matters; partner Andrew T. Davis and associate Megan Samayoa on tax matters; partner Sasha Rosenthal-Larrea and associate Liza C. Clark on intellectual property matters; partner Matthew Morreale on environmental matters; and associate Louis (Jay) Kober on executive compensation and benefits matters.