Kirkland & Ellis LLP advised Vista Equity Partners, a U.S.-based investment firm, on its acquisition of DH Corporation (TSX: DH) (“D+H”), a leading provider of technology solutions to financial institutions globally, for an enterprise value of approximately C$4.8 billion. Vista intends to merge D+H with another of its portfolio companies, Misys, a leading global software provider for retail and corporate banking, lending, treasury and capital markets, investment management and enterprise risk. The combination will create a diversified FinTech market leader, with a global footprint and the broadest set of financial software solutions available on the market. The transaction is subject to shareholder and regulatory approvals and other customary closing conditions. The full release is available here.
The Kirkland team was led by corporate partners Stuart Casillas, Joshua Zachariah, Daniel Wolf, Gavin Gordon, Carl Bradshaw, Chris Harding, Adi Herman and Abtin Jalali; debt financing partner Sonali Jindal; and capital markets partners Joshua Korff and David Curtiss.