Morgan D. Elwyn~~Ziyad H. Aziz~~Tai T. Fukumoto~~Timothy F. Sullivan
January 24, 2026
Willkie Advises Veeam Software on Its $2 Billion Secondary Offering
1 min
AI-made summary
- Willkie advised Insight Partners and its portfolio company Veeam Software in a $2 billion secondary equity offering, which values Veeam at $15 billion
- The transaction, announced on December 4, expands Veeam’s investor base and was led by TPG with participation from other investors
- Insight Partners remains Veeam’s largest shareholder
- Willkie has previously represented Insight Partners in its acquisition of Veeam and Veeam in its acquisitions of Kasten and Coveware.
Willkie represented Insight Partners and its portfolio company Veeam Software in connection with Veeam’s $2 billion secondary equity offering, a transaction that values the cybersecurity company at $15 billion.
On December 4, Veeam, the #1 global leader in Data Resilience by market share, announced that it expanded its investor base in $2 billion secondary offering led by TPG, with participation from other key investors. Insight Partners remains the largest shareholder.
Willkie previously advised Insight Partners on its acquisition of Veeam in 2020, and represented Veeam in its subsequent acquisitions of Kasten and Coveware.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies. The Willkie team was led by partners Morgan Elwyn, Ziyad Aziz and Tai Fukumoto and associate Timothy Sullivan.
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Morgan D. Elwyn~~Ziyad H. Aziz~~Tai T. Fukumoto~~Timothy F. Sullivan
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