Kirkland & Ellis LLP advised Thoma Bravo, a leading private equity firm, on its decision to sell LANDESK Software, a global leader in endpoint security and systems lifecycle and IT service management, to Clearlake Capital. Financial terms of the transaction were not disclosed. This exit culminates a six-year partnership between LANDESK Software and Thoma Bravo, during which Thoma Bravo's support helped LANDESK Software successfully expand its reach and solidify its leadership position in IT systems management. The full release is available here.
The Kirkland team was led by corporate partners Gerald Nowak, Corey Fox and John Berger and associates Peter Stach and Sam Ziegler.