On January 20, 2017, Gartner, Inc. entered into an agreement among Gartner, the other Loan Parties party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent which amended Gartner’s existing credit facility, dated as of June 17, 2016 among Gartner, the several lenders party thereto and the Administrative Agent. Additionally, the Amendment amended the Guarantee and Collateral Agreement, dated as of June 17, 2016, among Gartner, each other Loan Party party thereto and the Administrative Agent. The Amendment was entered into in connection with Gartner’s planned acquisition of CEB, Inc. The Amendment permits entry into certain additional credit facilities and issuance of certain debt securities that Gartner intends to enter into, and, if applicable, issue, for the purpose of financing the merger consideration, the repayment and redemption of certain outstanding indebtedness of CEB and its subsidiaries and to pay related fees and expenses in connection with the Merger. In addition, the Amendment effected certain changes to the negative covenants in the Existing Credit Agreement, including an increase to the maximum total leverage and secured leverage permitted thereunder through the end of the sixth full fiscal quarter following the closing of the Merger. The Amendment also included changes to certain other terms to permit Gartner to consummate the Merger and facilitate the operations of the combined company, including an increase of the letter of credit sub-limit to $75.0 million (subject to certain qualifications), revision of the applicable margins and increases to dollar-based baskets and thresholds. The Amendment gave Gartner the ability to incur additional term loans as an incremental tranche to the Existing Credit Agreement. Finally, the Amendment provided that (subject to certain qualifications) the extension of credit under the revolving credit facility necessary to consummate the Merger will be subject only to the limited conditions set forth in the commitment letter previously filed as an exhibit to the Current Report on Form 8-K filed by Gartner on January 5, 2017. As set out in the Amendment, certain of these changes to the Existing Credit Facility became effective immediately and certain changes will become effective upon the closing of the Merger.
Gartner, Inc. specializes in analysis and consulting services in IT and communication technologies. Net sales break down by activity as follows:
- research and analysis services (82.7%): conducting analyzes, market assessment, and publication of research to help clients gain market visibility and select suppliers of products or services best suited to their needs;
- consulting services (8.7%): consulting services in the selection and implementation of IT projects, digital marketing strategy, development and realization of information systems architectures, digital transformation projects, etc.;
- organization of congresses, conferences and exhibitions (8.6%).
At the end of 2023, the group had around 2,500 analysts and 950 consultants around the world.
Net sales are distributed geographically as follows: the United States and Canada (66.2%), Europe/Middle East/Africa (22.6%) and other (11.2%).
GARTNER, INC. 
