Kirkland Advises Francisco Partners on Acquisition of Elite From TPG

Kirkland & Ellis represented Francisco Partners, a leading global technology-focused private equity firm, on its definitive agreement to acquire Elite, a pioneer in mission-critical software and integrated payment solutions for the legal industry, from TPG Capital, the U.S. and European private equity platform of global alternative asset management firm TPG, and Thomson Reuters. The acquisition will provide Elite with a new financial partner to help the company capitalize on its current momentum and continue to drive product innovation and growth. Terms of the transaction were not disclosed. The transaction is expected to be completed in the third quarter of 2025, subject to customary closing conditions.

Read Francisco Partners’ press release

The Kirkland team included corporate lawyers Kyle Elder, Benjamin Vizvary, Ryan Kidman and Sean Kramer; tax lawyers Devin Heckman and Pamela Ho; and debt finance lawyer Brian Ford.