Squire Patton Boggs advised client Tactyc, Inc. on its sale to Carta, a software and services platform purpose-built for private capital.
Tactyc was founded by Anubhav Srivastava to bring forecasting and planning to private funds to improve their decision-making processes by providing data driven insights and analytics. Since formation, Tactyc has assisted nearly 370 funds globally to improve their forecasting and planning for their fund portfolios.
In joining forces with Carta, Tactyc by Carta will enable seamless integrations between the back-office and front-office, so fund managers can have Tactyc’s forecasting and planning superpowers alongside Carta's leading fund administration and cap table management platforms.
“We are pleased to have supported Tactyc on this transaction and congratulate Anubhav and his team on the rapid success they have experienced as a result of their steadfast commitment to the company’s mission,” said Los Angeles Corporate Deputy Practice Group Leader Marc Kenny.
Mr. Srivastava added, “Marc and team went above and beyond in their advice and execution of this transaction. As a startup with limited resources, I leaned heavily on their expertise during negotiations, structuring and diligence – their work ethic was so impressive! We are so pleased to have had them by our side in this transaction.”
The Squire Patton Boggs team advising Tactyc was led by corporate partner Marc Kenny and included corporate associates Hiroyuki Yagihashi and Andrew Fields; tax partner Jim Gray; executive compensation senior counsel Carl Draucker and associate Caitlin Steiner; intellectual property of counsel Ivan Rothman and associate Shyloah Daniel; employment counsel Karen Wentzel; data privacy principal Glenn Brown and associate Niloufar Massachi.