Kirkland Advises Serent Capital-Backed First Due on $355 Million Strategic Investment
Kirkland & Ellis advised Serent Capital-backed First Due, a leading all-in-one software platform for public safety agencies, on a $355 million strategic minority growth investment led by JMI Equity, a leading growth equity software investor based in the greater DC area and San Diego, with participation from TCV and ongoing support from Serent Capital. The new investment will be used to accelerate platform development, enhance customer support, and expand service delivery. It will also enable First Due to attract and retain top talent while scaling product capabilities, including the widespread use of cutting-edge artificial intelligence, to meet the growing and evolving needs of public safety professionals. First Due powers operations for over 3,000 agencies across all local, state/provincial, and federal segments in the United States and Canada.
Read the transaction press release
The Kirkland team included corporate lawyers Marc Browning, Vlad Kroll, Josh Birenbaum, Sylvia Zaich, Jessica Jaw and Yangxier Sui; debt lawyer Austin Glassman; capital markets lawyer Robert Goedert; tax lawyer Devin Heckman; technology & IP transaction lawyers John Lynn and Martin Schwertmann; executive compensation lawyer Anthony Ji; and international trade & national security lawyers Luci Hague and Justin Campbell.
