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Nerdy and TPG Pace Tech Opportunities Announce Closing of Business Combination

Nerdy and TPG Pace Tech Opportunities Announce Closing of Business Combination Background Image

Vinson & Elkins advised TPG Pace Tech Opportunities, a publicly traded special purpose acquisition company, in connection with its business combination with Nerdy, a leading platform for delivering live online learning.

The business combination was approved on September 14, 2021 by TPG Pace Tech Opportunities’ stockholders, having been signed on January 28, 2021. Beginning September 21, 2021, Nerdy common stock and warrants began trading on the New York Stock Exchange under the ticker symbols “NRDY” and “NRDY WS”, respectively.

The V&E team was led by partners Keith Fullenweider and Sarah Morgan, senior associate Robert Hughes and counsel Dan Spelkin, with assistance from associates Lawrence Nelson, Natalie Stanley, Mary Busse, Houston Morgan, Zac Horne, Matthew Fiorillo and Libby Gerstner. Also advising were partners John Lynch and Lina Dimachkieh and associates Curt Wimberly, Sarah Coe and Maddie Brown; partner Randy Jurgensmeyer and associate Joe O’Connell; partner Sean Becker, counsel Martin Luff and Tara Porterfield and associate Peter Goetschel; partner David D’Alessandro and senior associate Missy Spohn; partner Ramey Layne; and partner Hill Wellford and senior associate Ryan Will.

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