Kirkland Advises Francisco Partners and PayScale on Transformative Combination with Payfactors
Kirkland & Ellis advised Francisco Partners and its portfolio company, PayScale, the industry leader in compensation data and technology, on PayScale’s merger with Payfactors, a leading compensation data management company with deep industry expertise. Together, the combined company will become one of the largest providers of its kind in North America to help job seekers, employees and businesses get pay right. As part of the transaction, Insight Partners will make a new equity investment into the combined company, rolling 100% of their Payfactors equity and joining Francisco Partners as part of the PayScale investor base.
Read the Francisco Partners press release
The Kirkland team was led by corporate partners Sean Kramer and Austin Pollet, antitrust and competition partners Ian John and Kate Rocco, debt finance partner Brian Ford and associate Paul Kang, tax partner Devin Heckman, executive compensation partner Rohit Nafday, labor & employment partner Sydney Jones, and technology & IP transactions partner Vlad Khodosh.