Pillsbury Team Advises on $870 Million Deal for Contact Center Service Provider

According to a statement, Nice paid $14 in cash per share of inContact using cash-on-hand and up to $475 million in debt. Including the repayment of inContact’s debt, the deal values the company at $940 million. This price marks a 55-percent premium to inContact’s May 17 closing price.

Based in Utah, inContact provides cloud-based software to help businesses manage customer contacts and other communications. Nice is headquartered in Israel and helps organizations leverage data to improve business performance, among other things. Combined, the company will focus on leading the way in the advancement of customer service centers.

A Pillsbury team representing inContact was led by Emerging Growth & Venture Capital partner Jim Masetti. Team members included Emerging Growth & Venture Capital senior associate Matt Desharnais and associate Marques Matthews; Executive Compensation & Benefits partner Dan Stellenberg and associate Matt Ryan; Tax partner Brian Wainwright; Intellectual Property partner David Jakopin; Litigation partner Michael Sibarium and counsel Jeetander Dulani; International Trade partner Nancy Fischer and associate Matt Rabinowitz; Communications partner Glenn Richards and Employment partner Marcia Pope.

Read more about the deal on Law360.