Press Release

Kirkland Represents RapidRatings on $200 Million Growth Investment Led by Spectrum Equity and 22C Capital

Kirkland & Ellis advised RapidRatings, the leading provider of financial health data and analytics, on its $200 million strategic investment led by Spectrum Equity, a leading growth equity firm focused on software and data services companies, along with 22C Capital, a private investment firm. This new investment will support RapidRatings’ mission of helping its customers identify and mitigate risk within their networks by providing greater visibility into the financial health of suppliers and other third-parties. FTV Capital, a growth equity investment firm, which led a $30 million investment in RapidRatings in 2018, will remain on the board and continue to support the company as an investor.     

Read the transaction press release  

The Kirkland team was led by corporate partners Leo Greenberg and Christopher Burwell and associate Monica Ruiz, and tax partner David Kung.