Kirkland Advises Thoma Bravo on $420 Million Investment in project44
Kirkland & Ellis advised Thoma Bravo on its lead role in a $420 million investment in project44, the leading supply chain visibility platform. The syndicate was also led by TPG and Goldman Sachs Asset Management (Goldman Sachs) with participation from Emergence Capital, Insight Partners, Chicago Ventures, Generation Investment Management, Sapphire and Sozo Ventures acquired equity interests resulting in a pre-money valuation of $2.2 billion, and Sixth Street committed to make available additional funding, in support of the company's strategic acquisition program and product development activities. These investments position project44 to accelerate its mission to help leading brands optimize the movement of products across supply chains, delivering better resiliency, sustainability and value for their customers.
Read the Thoma Bravo press release
The Kirkland team was led by corporate partners Jon-Micheal Wheat and Leon Johnson and associate Gregory Klein, tax partners Kevin Coenen and Adam Kool and associate Steven Cantor, employment and labor associates Kayla Davis and Alexis Grinstead, employee benefits partner Matthew Antinossi and associate Hannah Barlow, executive compensation partner Jared Whalen and associate James Sprague, environmental transactions partner Sara Webber and associate Carter Vella, ESG & impact partner Sara Orr and associate Jacqueline Yap, real estate partner Roberto Miceli, international trade associate Anais Bourbon, technology & IP transactions partners Seth Traxler and Aaron Lorber and associate Jack Wilton, and antitrust partner Carla Hine and associate Kelsey Laugel.
