Kirkland & Ellis advised Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, on its strategic growth investment in Applitools, the leading provider of visual test automation software. Co-founders Gil Sever, Adam Carmi, and Moshe Milman will retain a significant ownership position in the company. The investment can allow Applitools to leverage Thoma Bravo's operating capabilities and deep experience in the software sector to accelerate its growth trajectory and further scale its innovative, market-leading platform. Financial details of the transaction were not disclosed.
Read the Thoma Bravo press release
The Kirkland team was led by corporate partners Ted Peto and Ryan Jackson and associates Thomas Guzman and George Boden.