Kirkland & Ellis LLP advised Vista Equity Partners, a leading private equity firm focused on software, data, and technology-enabled businesses, on its decision to acquire LogicMonitor, the leading SaaS-based monitoring platform for hybrid IT infrastructures and cloud services. The investment continues Vista’s focus on acquiring best-in-class software businesses, providing mission-critical solutions to customers. Existing owner Providence Strategic Growth will retain a minority ownership stake in LogicMonitor moving forward. The full release is available here.
The Kirkland team was led by corporate partners David Dixon, Vlad Kroll and James Beach and associates Andrew Walker, Ari Levi and Michael Santos; and debt finance partners Sonali Jindal and Douglas Tedeschi.