Kirkland Advises Francisco Partners on Proposed Acquisition of bswift from CVS Health
Kirkland & Ellis advised Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, on its definitive agreement to acquire bswift, a leading provider of benefits technology and services, from CVS Health. Financial terms of the transaction have not been disclosed. The acquisition is expected to close in the fourth quarter of 2022, subject to the satisfaction of customary closing conditions.
The Kirkland team was led by corporate partner Michele Cumpston, technology & IP transactions partner Vladimir Khodosh, debt finance partner Brian Ford and tax partner Devin Heckman, with support from corporate partner Sean Kramer.