Press Release

Kirkland Represents Vista Equity Partners on Acquisition of Citrix for $16.5 Billion

Kirkland & Ellis advised Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, on its acquisition alongside Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P., of Citrix Systems, Inc. (NASDAQ: CTXS) for approximately $16.5 billion. Citrix builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. Vista and Evergreen intend to combine Citrix with one of Vista’s portfolio companies, TIBCO Software, a global leader in enterprise data management. The combination will create one of the world’s largest software providers. The transaction is expected to close mid-year and is subject to customary closing conditions. 

Read the transaction press release  

The Kirkland team was led by corporate partners David Klein, Chelsea Darnell, Daniel Wolf, Stuart Casillas, Simon Root and Eva Mak and associate Zahraa Hadi, debt finance partners Sonali Jindal and Austin Glassman and associates Timothy Hughes and Christian Rivas, capital markets partners Josh Korff, Tim Cruickshank and Jennifer Lee and associates Christie Mok and Ashley McLaughlin,  tax partners David Kung and Heidi Yuen, and executive compensation partner Rohit Nafday and associate Anthony Ji.