Kirkland & Ellis advised Thoma Bravo, one of the largest private equity firms in the world, on its acquisition of SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in enterprise identity security, for approximately $6.9 billion. SailPoint will benefit from the operating capabilities, capital support, and deep software expertise of Thoma Bravo. Upon completion of the transaction, SailPoint will become a privately held company. The transaction is expected to close in the second half of 2022, subject to customary closing conditions. Read the Thoma Bravo press release The Kirkland team was led by corporate partners Corey Fox and Bradley Reed and associate Steven Page, debt finance partner Brian Ford and associate Jessica Tjang, and technology & IP transactions partner Aaron Lorber.