Lightyear sale of Datalot to Centerfield
Davis Polk is advising Lightyear Capital LLC in connection with its sale of Datalot Inc. to Centerfield Media Holdings, LLC. Financial terms of the transaction were not disclosed.
Founded in 2009, Datalot is a digital distribution platform for the insurance industry. Datalot is purpose built to address the digital distribution needs of the insurance industry, providing a suite of solutions that allows insurance carriers to efficiently generate new customers from digital channels with a fully managed, analytics-driven approach. Founded in 2000, Lightyear Capital is a financial services-focused private equity firm based in New York. Centerfield is a technology-driven marketing and customer acquisition company driving millions of sales for residential services, business services and telecommunications brands.
The Davis Polk corporate team includes partner Michael Davis and associate Joshua B. Pittell. Partner Jesse Solomon is providing antitrust and competition advice. Robert F. Smith is providing finance advice. Partner Adam Kaminsky and associate Joseph S. Brown are providing executive compensation advice. Partner Derek Dostal is providing capital markets advice. Partner Ethan R. Goldman and associate Danielle Rapaccioli are providing tax advice. Christopher C. Woller is providing intellectual property advice. Members of the Davis Polk team are based in the New York and Washington DC offices.