Kirkland & Ellis advised Appfire, a leading provider of apps for software development teams, on its acquisition of Artemis Software, an Atlassian app vendor with an established cloud presence focused on optimizing productivity and collaborative work environments by leveraging Atlassian tools. The acquisition further accelerates Appfire’s investment in cloud product offerings, as the company released 10 cloud products in 2020 and made several other strategic acquisitions of Atlassian cloud app vendors, including Beecom, Innovalog, and Navarambh Software. As part of the acquisition, Artemis founder Brendan Patterson and chief architect Bob Bergman, will join as Chief Product Architects, based in Denver, Colorado. Financial terms were not disclosed.
The Kirkland team was led by transactional partner Christian Atwood and associates Nils Remole and Molly Boyd, debt finance associate Christina Katsampes and tax associate Joe Morley.