Kirkland Advises Smarsh Inc. on $375 Million Acquisition of Digital Safe
Kirkland & Ellis is advising Smarsh Inc., a global leader in electronic communications archiving solutions for regulated organisations and a portfolio company of funds managed by K1 Investment Management LLC., on the acquisition of Digital Safe archiving and risk management portfolio from Micro Focus (LSE: MCRO; NYSE: MFGP), for a total consideration of $375 million. Digital Safe offers users information governance and automated archiving solutions to access, govern, search, analyse and centrally manage data.
The Kirkland team was led by corporate partners Dipak Bhundia, Adam Phillips and Stuart Boyd and associates Jiri Peterka, Oliver Newling, Katya Boyko and Benjamin Jain; and technology & IP transactions partner Todd Herst and associate Jacqueline Clover.
