Kirkland & Ellis advised BeyondTrust, a leader in Privileged Access Management, on a strategic investment from Clearlake Capital Group. Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, will continue as a majority investor in BeyondTrust following its investment in 2018. Financial terms of the transaction, which is subject to customary regulatory approvals, were not disclosed.
Read the BeyondTrust press release
The Kirkland team was led by corporate partners Adam Phillips and Sean Kramer, tax partner Devin Heckman, executive compensation partner Rohit Nafday, capital markets partner Robert Goedert, and antitrust & competition partners Andrea Murino and Mark Gardner. Debt finance partners Christopher Kirkham and Brian Ford also provided support.