Debevoise & Plimpton LLP is advising the special committee of the Board of Directors of Match Group Inc. (NASDAQ: MTCH) in connection with Match Group’s agreement to separate from the remaining businesses of IAC (NASDAQ: IAC). The transaction will create two separate public companies – Match and a new company to own the other IAC businesses – and will eliminate the dual capitalization structure of Match Group. For more information, please see the companies’ press release.
Match Group through its portfolio companies, is a leading provider of dating products available in over 40 languages to its users all over the world. Its portfolio of brands includes Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as a number of other brands, each designed to increase users' likelihood of finding a meaningful connection. IAC builds companies; today it operates Vimeo and Dotdash and ANGI Homeservices, which includes HomeAdvisor, Angie's List and Handy, among many others.
The Debevoise team is led by M&A partners William Regner and Jeffrey Rosen and includes M&A associates Emily Huang, Lunar Mai, Ethan McMahon and Joel Salomon, tax partner Gary Friedman and counsel Huey-Fun Lee, benefits partner Lawrence Cagney and real estate partner Nicole Mesard, associates Isaac Stern and Alexander Djaha, finance partner Sunil Savkar and associate Kevin Grondahl and capital markets associates Nicholas Pellicani and Carolina de Barros.