Status: New/Upcoming Filing

Acquirer: Golden Gate Capital (U.S.); GIC Pte. Ltd. (Singapore)

Acquired: NeuStar, Inc. (U.S.)

Value: Approx. US$2.9 billion

Industry: Information Technology

On December 14, NeuStar, Inc., a Virginia based technology company, announced that it entered an agreement to be acquired by an investment group led by Golden Gate Capital, a U.S. private investment firm. (See NeuStar Press Release, Dec. 14, 2016.) The announcement also stated that an affiliate of GIC Pte. Ltd., a Singapore investment fund that manages the government of Singapore’s foreign reserves, is one of the investors that will have a minority stake. (See id.) According to the Agreement and Plan of Merger, approval from the Committee on Foreign Investment in the United States (CFIUS) is a condition to closing the transaction. (See Agreement and Plan of Merger, NeuStar Form 8-K, Ex-2.1, Section 6.1(f), Dec. 14, 2016, SEC Filing.)

NeuStar provides various services, such as data sets and proprietary real-time analytics to promote and protect businesses; proprietary cloud-based platforms; a comprehensive suite of marketing services and IT security solutions. (NeuStar Form 10-K, Feb. 29, 2016, SEC Filing.) NeuStart also “provide[s] communications service providers in the United States critical infrastructure that enables the dynamic routing of calls and text messages.” (Id.)