Gerson Lehrman Group Announces an Agreement on Approximately $200 Million Equity Investment from Silver Lake

Dec 19, 2007, 00:00 ET from Gerson Lehrman Group

    NEW YORK, Dec. 19 /PRNewswire/ -- Gerson Lehrman Group (GLG), the
 leading technology-enabled marketplace for expertise, today announced it
 has reached a definitive agreement with Silver Lake, the leading investment
 firm focused on large scale investments in technology, technology-enabled
 and related growth industries, under which Silver Lake will make a capital
 investment of approximately $200 million in GLG. Additional terms of the
 agreement were not disclosed.
 
     Gerson Lehrman provides technology-enabled services to help financial
 services firms, professional services firms, law firms, nonprofits and
 corporations find, engage, and manage subject-matter experts. Its expert
 network is recruited, organized, administered, and accessed by clients
 through a sophisticated and proprietary technology platform. For the twelve
 months ended September 30, 2007, the company generated approximately $220
 million in revenue and organic revenue growth of 31%. The company is
 headquartered in New York and maintains 12 offices throughout the United
 States, Europe and Asia.
 
     "We're excited about Silver Lake's deep experience in information and
 financial technology and the opportunity to work with their talented team
 of professionals," said Alexander Saint-Amand, Chief Executive Officer of
 GLG. "Our company's mission is to provide decision-makers in all industries
 around the world with unique technology and services to find, engage and
 manage experts. Silver Lake has a great track record of strengthening the
 global platforms of their portfolio companies and therefore is an ideal
 partner for GLG's growth and expansion in the coming years," said Mr.
 Saint-Amand.
 
     Michael Bingle, a Managing Director of Silver Lake, said, "Gerson
 Lehrman Group is an industry pioneer and clear leader in the rapidly
 growing global market for primary expertise. The company's web-based
 software, services, and scale provide a unique value proposition to both
 its clients and its deep base of experts, and we believe the company is
 very well-positioned for continued growth."
 
     Evercore Partners served as advisors to Gerson Lehrman Group in the
 transaction.
 
     The transaction is expected to close in January.
 
     About Gerson Lehrman Group
 
     Gerson Lehrman Group (GLG) provides technology and services to support
 a marketplace for expertise. Since 1998, its platform for consultation and
 collaboration has helped the world's leading financial services firms,
 consultancies, corporations, and nonprofits find, engage, and manage
 experts in a broad range of industries and disciplines. GLG's unparalleled
 network of the world's leading expert consultants, known as the GLG
 Councils, includes more than 175,000 subject-matter experts who educate and
 provide insight to decision-makers through a wide range of consulting
 methods, including telephone consultations, expert surveys and seminars.
 GLG has invested in one of the world's most sophisticated infrastructures
 for expert recruiting and compliance. For more information about GLG,
 please visit www.glgroup.com.
 
     About Silver Lake
 
     Silver Lake is the leading investment firm focused on large scale
 investments in technology, technology-enabled, and related growth
 industries. Silver Lake seeks to achieve superior financial returns by
 investing with the strategic and operating insights of an experienced
 industry participant. Silver Lake's mission is to function as a value-added
 partner to the management teams of the world's leading technology
 franchises. Its portfolio includes or has included technology industry
 leaders such as Ameritrade, Avago, Avaya, Business Objects, Flextronics,
 Gartner, Instinet, IPC Systems, MCI, NASDAQ, Network General, NXP, Sabre
 Holdings, Seagate Technology, Serena Software, SunGard Data Systems,
 Thomson and UGS. For more information, please visit www.silverlake.com.
 
     About Evercore Partners
 
     Evercore Partners is a leading investment banking boutique and
 investment company. Evercore's Advisory business counsels its clients on
 mergers, acquisitions, divestitures, restructurings and other strategic
 transactions. Evercore's Investment Management business manages private
 equity funds and traditional asset management services for sophisticated
 institutional investors. Evercore serves a diverse set of clients around
 the world from its offices in New York, Los Angeles, San Francisco, London,
 Mexico City and Monterrey, Mexico. More information about Evercore can be
 found on the firm's Web site at www.evercore.com.
 
 
Gerson Lehrman Group Contact: Margaret M. Molloy 212 880 6569 mmolloy@glgroup.com Silver Lake Media Contacts: Matt Benson/Victoria Hofstad/Elizabeth Hanahan Sard Verbinnen & Co 212-687-8080/415-618-8750

SOURCE Gerson Lehrman Group
    NEW YORK, Dec. 19 /PRNewswire/ -- Gerson Lehrman Group (GLG), the
 leading technology-enabled marketplace for expertise, today announced it
 has reached a definitive agreement with Silver Lake, the leading investment
 firm focused on large scale investments in technology, technology-enabled
 and related growth industries, under which Silver Lake will make a capital
 investment of approximately $200 million in GLG. Additional terms of the
 agreement were not disclosed.
 
     Gerson Lehrman provides technology-enabled services to help financial
 services firms, professional services firms, law firms, nonprofits and
 corporations find, engage, and manage subject-matter experts. Its expert
 network is recruited, organized, administered, and accessed by clients
 through a sophisticated and proprietary technology platform. For the twelve
 months ended September 30, 2007, the company generated approximately $220
 million in revenue and organic revenue growth of 31%. The company is
 headquartered in New York and maintains 12 offices throughout the United
 States, Europe and Asia.
 
     "We're excited about Silver Lake's deep experience in information and
 financial technology and the opportunity to work with their talented team
 of professionals," said Alexander Saint-Amand, Chief Executive Officer of
 GLG. "Our company's mission is to provide decision-makers in all industries
 around the world with unique technology and services to find, engage and
 manage experts. Silver Lake has a great track record of strengthening the
 global platforms of their portfolio companies and therefore is an ideal
 partner for GLG's growth and expansion in the coming years," said Mr.
 Saint-Amand.
 
     Michael Bingle, a Managing Director of Silver Lake, said, "Gerson
 Lehrman Group is an industry pioneer and clear leader in the rapidly
 growing global market for primary expertise. The company's web-based
 software, services, and scale provide a unique value proposition to both
 its clients and its deep base of experts, and we believe the company is
 very well-positioned for continued growth."
 
     Evercore Partners served as advisors to Gerson Lehrman Group in the
 transaction.
 
     The transaction is expected to close in January.
 
     About Gerson Lehrman Group
 
     Gerson Lehrman Group (GLG) provides technology and services to support
 a marketplace for expertise. Since 1998, its platform for consultation and
 collaboration has helped the world's leading financial services firms,
 consultancies, corporations, and nonprofits find, engage, and manage
 experts in a broad range of industries and disciplines. GLG's unparalleled
 network of the world's leading expert consultants, known as the GLG
 Councils, includes more than 175,000 subject-matter experts who educate and
 provide insight to decision-makers through a wide range of consulting
 methods, including telephone consultations, expert surveys and seminars.
 GLG has invested in one of the world's most sophisticated infrastructures
 for expert recruiting and compliance. For more information about GLG,
 please visit www.glgroup.com.
 
     About Silver Lake
 
     Silver Lake is the leading investment firm focused on large scale
 investments in technology, technology-enabled, and related growth
 industries. Silver Lake seeks to achieve superior financial returns by
 investing with the strategic and operating insights of an experienced
 industry participant. Silver Lake's mission is to function as a value-added
 partner to the management teams of the world's leading technology
 franchises. Its portfolio includes or has included technology industry
 leaders such as Ameritrade, Avago, Avaya, Business Objects, Flextronics,
 Gartner, Instinet, IPC Systems, MCI, NASDAQ, Network General, NXP, Sabre
 Holdings, Seagate Technology, Serena Software, SunGard Data Systems,
 Thomson and UGS. For more information, please visit www.silverlake.com.
 
     About Evercore Partners
 
     Evercore Partners is a leading investment banking boutique and
 investment company. Evercore's Advisory business counsels its clients on
 mergers, acquisitions, divestitures, restructurings and other strategic
 transactions. Evercore's Investment Management business manages private
 equity funds and traditional asset management services for sophisticated
 institutional investors. Evercore serves a diverse set of clients around
 the world from its offices in New York, Los Angeles, San Francisco, London,
 Mexico City and Monterrey, Mexico. More information about Evercore can be
 found on the firm's Web site at www.evercore.com.
 
 
Gerson Lehrman Group Contact: Margaret M. Molloy 212 880 6569 mmolloy@glgroup.com Silver Lake Media Contacts: Matt Benson/Victoria Hofstad/Elizabeth Hanahan Sard Verbinnen & Co 212-687-8080/415-618-8750 SOURCE Gerson Lehrman Group