Press Release

Kirkland Represents HGGC on $115 Million Strategic Equity Investment in Upland Software

Kirkland & Ellis advised HGGC, a leading middle-market private equity firm, on its $115 million strategic equity investment in Upland Software, Inc. (NASDAQ: UPLD), a leader in cloud-based tools for digital transformation. The investment, in the form of a new class of convertible preferred stock, provides Upland Software with incremental capital for future M&A opportunities and brings value-added support for long term value creation.

Read the transaction press release

The Kirkland team was led by corporate partners David Feirstein and Marshall Shaffer and associate Daniel Yip and capital markets partners Jennifer Wu and Bryan Flannery and associates Samantha Siegler and Aburiyeba Amaso, with corporate partners Travis Nelson and Marc Browning, debt finance partners Sonali Jindal and Austin Glassman and associate Elizabeth Roberts, and tax partner Kevin Coenen.