Press Release

Kirkland Represents Turn/River Capital on Acquisition of Tufin for $570 Million

Kirkland & Ellis advised Turn/River Capital, a software-focused investment firm, on its acquisition of Tufin® (NYSE: TUFN), a company pioneering a policy-centric approach to security and IT operations, for approximately $570 million. Upon completion of the transaction, Tufin will become a private company. The transaction is expected to close in the second quarter of 2022 and is subject to customary closing conditions.

Read the transaction press release

The Kirkland team was led by corporate partners Chelsea Darnell, Ed Lee and Sean Kramer and associate Frank Liu, debt finance partners Fred Lim and John Ilardo, executive compensation partner Rohit Nafday, tax partner David Kung, antitrust partner Andrea Murino, technology & IP transactions partner Vladimir Khodosh, and investment funds partner Justin Solomon.