InContact, Inc. completed the acquisition of LiveVox Holdings, Inc. from Golden Gate Private Equity, Inc. and others.
Lee Hochbaum of Davis Polk & Wardwell acted as legal advisor to NICE and Monica Shilling and Dov Kogen of Kirkland & Ellis acted as legal advisor to LiveVox Holdings. Jefferies LLC acted as financial and fairness opinion provider to LiveVox and will receive a fee of $7.5 million, of which a portion was payable upon delivery of Jefferies? opinion to the Board and approximately $6.65 million is payable contingent upon consummation of the Merger. The transaction is expected to be cash flow positive and accretive to NICE?s operating income, operating margin and non-GAAP EPS during 2024.
inContact, Inc. completed the acquisition of LiveVox Holdings, Inc. (NasdaqGS:LVOX) from Golden Gate Private Equity, Inc. and others on December 22, 2023. The total amount of consideration payable to inContact?s security holders in connection with the merger was approximately $374 million.