CRA economists advised counsel to parties in the $1.65 billion merger of event management technology providers Cvent and Lanyon Solutions. CRA economists provided economic analyses and support throughout the DOJ’s extensive Second Request investigation. In the end, the DOJ cleared the merger with no remedies. Lanyon is owned by Vista Equity Partners. The combined firm will operate under the Cvent brand. CRA’s team included Michael Salinger, Gary Roberts, Paul Labys, and Michael Smith.
Breaking up mergers after the fact: Opportunities and problems
Antitrust authorities in both the United States and Europe have recently shown an increased interest in reviewing past mergers with the objective of possibly...