Kirkland Advises Vista on Sale of Apptio to IBM for $4.6 Billion
Kirkland & Ellis represented Vista Equity Partners in its definitive agreement to sell Apptio Inc., a leader in financial and operational IT management and optimization (FinOps) software, to IBM (NYSE: IBM) for $4.6 billion. Apptio is an established, growing and profitable technology business management and FinOps leader, with over 1,500 clients, serving more than half of the Fortune 100.
The Kirkland team was led by corporate partners Stuart Casillas, Brittany Sakowitz and Christian Atwood; tax partners David Kung and Heidi Yuen; debt finance partner Doug Tedeschi; technology & IP transactions partners John Lynn and Daisy Darvall; and executive compensation partner Rohit Nafday.