White & Case Advises Silver Point Finance on Stg Partners’ US$1.5 Billion Acquisition of Momentive Global

Press Release
1 min read

Global law firm White & Case LLP has advised Silver Point Finance, a subsidiary of Silver Point Capital, L.P. (Silver Point), as the sole lead arranger and lender, on the debt financing of STG Partners, LLC's approximately US$1.5 billion take-private acquisition of Momentive Global, Inc., the maker of SurveyMonkey.

On March 13, 2023, Silver Point entered into a commitment to provide US$450 million of funded debt to finance a portion of the transaction.

Momentive is a leading artificial intelligence company, delivering powerful, purpose-built solutions to users worldwide through products including GetFeedback and SurveyMonkey. Momentive serves more than 330,000 organizations globally with AI-powered technology and up-to-the-minute insights, as well as solutions that inform clients' decisions relating to products, industries, customers, employees and the markets.

The White & Case team was led by Debt Finance partners David Ridley and Elizabeth Kirk, and included associates Julia Feng, Kaija Sandberg (all in New York) and Litian Chen (Houston). Law clerk Viraj Bathe also assisted on the matter.

Press contact
For more information please speak to your local media contact.