Brett R. Nelson

Kirkland & Ellis advised Madison Dearborn Partners ("MDP") and Thoma Bravo on the sale of Syntellis Performance Solutions (“Syntellis”), a leading provider of enterprise performance management (EPM) software, data and intelligence solutions, to Roper Technologies, Inc. (“Roper”) (Nasdaq: ROP) in an all-cash transaction for an enterprise value of $1.4 billion. Syntellis will be combined with Roper’s Strata Decision Technology business. Read MDP and Thoma Bravo’s press release The Kirkland team was led by corporate partners Mark Fennell, Brad Reed and Brett Nelson; tax partners Kevin Coenen and Adam Kool; and IP & technology transactions partner Aaron Lorber.

Aug 8

1 min

Kirkland & Ellis advised Los Angeles-based private equity firm Levine Leichtman Capital Partners on the sale of Smith System Driver Improvement Institute, Inc. to alternative asset manager MidOcean Partners. Smith System is a leading provider of workplace safety training solutions and is widely recognized as the “gold standard” provider of driver safety training for large commercial fleets. Financial terms of the transaction were not disclosed. Smith System was an investment of Levine Leichtman Capital Partners Fund V L.P. Read Levine Leichtman’s press release The Kirkland team was led by corporate partners Kevin Mausert and Brett Nelson and associates George Boden and Will Pretto; debt finance partners Katie Taylor and Andrew Hurley; and tax partners Rachel Cantor and Polina Liberman.

Nov 7

1 min

Kirkland & Ellis advised Thoma Bravo and its portfolio company Venafi, a leader in machine identity management, on the sale of Venafi to identity security company CyberArk. CyberArk intends to acquire Venafi for an enterprise value of approximately $1.54 billion in a combination of cash and CyberArk shares (approximately $1 billion in cash and approximately $540 million in shares). The transaction is expected to close in the second half of 2024, subject to required regulatory approvals, clearances and other customary closing conditions. Read the transaction press release The Kirkland team was led by corporate partners Corey Fox, Bradley Reed and Brett Nelson and associates George Boden and Emily Goldenberg; capital markets partner Michael Keeley and associate Nick Pappas; technology & IP transactions partner Aaron Lorber and associate Jessie Perlman; debt finance partner Brian Ford and associate Matt Demopoulos; and tax partners Adam Kool and Steven Cantor.

May 20

1 min

Kirkland & Ellis represented Linden Capital Partners, a Chicago-based private equity firm focused exclusively on the healthcare industry, on its acquisition of Alcresta Therapeutics, Inc., a leader in commercializing novel enzyme-based products designed to address challenges faced by patients living with gastrointestinal disorders and rare diseases. Read Linden’s press release The Kirkland team was led by corporate partners Brett Nelson and Robert Wilson; tax partner Chris Worek; and debt finance partners Thomas Dobleman and Daniel Schwimmer.

Mar 18

1 min

Kirkland & Ellis counseled Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, on its acquisition of USA Water from Warren Equity Partners in partnership with management. Financial terms of the transaction were not disclosed. Read the LLCP press release The Kirkland team was led by corporate partners Kevin Mausert, John Wilkes and Brett Nelson; debt finance partner Katie Taylor; and tax partner Polina Liberman; and included corporate associates Brandon King and Alexei Segall; debt finance associate Matthew Demopoulos; and tax partner Rachel Cantor.

Feb 26

1 min