December 17, 2014
Weil advised Providence Equity Partners in its acquisition of an equity stake in RentPath, Inc., an operator of residential real estate websites and mobile applications, from TPG Capital which remains an equal co-owner.
Headquartered in Norcross, GA, RentPath is a leading real estate media company providing millions of people the ability to find apartments and houses for rent. RentPath’s category-leading brands include Apartment Guide, Rent.com, Rentals.com, RentalHouses.com, LiveLovely.com, and New Home Guide. All total, its network of websites reaches over 7 million unduplicated unique visitors monthly.
The Weil team representing Providence Equity Partners on the transaction was led by Corporate partner Kevin J. Sullivan. In addition, the team included Banking & Finance partner Andrew Yoon; Technology & IP Transactions partner Michael Epstein; Litigation partners Randi W. Singer and Patrick J. O’Toole; Tax partner Mark Schwed; Executive Compensation & Benefits partner Michael Nissan; Litigation counsel Adam Safwat; Corporate associates Matthew Goulding, Matt Cohn and Andrew Burke; Banking & Finance associate Aaron Turner; Technology & IP Transactions associate Caroline Paige Geiger; Litigation associates Kristen Murphy and Cheri Bessellieu; Antitrust/Competition associate Alexis Brown-Reilly; and Tax associate Mark Dundon.