Kirkland Advises Hg on Financing for $12.2 Billion Investment In Visma in World’s Largest Software Buyout

Kirkland & Ellis advised on the financing for Hg Saturn and its investors agreement to a further majority investment in Visma, a leading provider of business-critical software to private and public enterprises in the Nordic, Benelux and Baltic regions.  Hg will put forward the majority of the new invested capital in a transaction valuing the business at an Enterprise Value of NOK 110 billion (US$12.2 billion), making this the largest ever software buyout globally. 

Read the press release from Visma

The Kirkland team was led by debt finance partner Neel Sachdev and associates Kanesh Balasubramaniam and Matthew Wilson.