Press Release

Kirkland Advises LevelBlue on Acquisition of Trustwave, Becoming Largest Pure-Play Managed Security Services Provider

Kirkland & Ellis advised LevelBlue, a global leader in cloud-based, AI-driven managed security services, on a definitive agreement to acquire Trustwave, a global provider of cybersecurity and managed detection and response services from the MC2 Security Fund, a private equity fund sponsored by The Chertoff Group, an internationally recognized security and growth advisory firm. This strategic acquisition further strengthens LevelBlue’s market leadership, uniting two leading Managed Security Service Providers (MSSPs) to deliver unparalleled cybersecurity outcomes through a comprehensive and expanded suite of services designed to stay ahead of the rapidly evolving threat landscape. The acquisition will create the largest pure-play MSSP in the industry.

Read the transaction press release

The Kirkland team included corporate lawyers Jeremy Mandell, John Kaercher, Corey Fox, Meredith Bennett and Alex Knight; debt finance lawyers Maureen Dixon and Jacob Klapholz; and tax lawyers Adam Kool, Steven Cantor and Liv Schmertzler.