Press Release

Kirkland Advises Silversmith Partners-Backed Proven Optics on Acquisition of brightfin

Kirkland & Ellis advised Silversmith Partners-backed Proven Optics on the acquisition of brightfin. Together, the companies form a single, expanded platform, combining Proven Optics’ ITFM capabilities with brightfin’s leading technology expense management solutions. The unified organization delivers a comprehensive view of financial, asset and expense data to help organizations better forecast, manage and optimize technology spend within ServiceNow, their enterprise system of action. The acquisition of brightfin by Proven Optics follows Silversmith Capital Partners’ 2022 majority investment in Proven Optics, and ServiceNow’s growth investment in 2023.

 

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The Kirkland team included corporate lawyers Christian Atwood, Sydney Collins, Emmett DeLaney, Vera Wang and Hayley Hollender; debt finance lawyers Jacob Klapholz, Morgan Sciumbato and Alex LeLouis; tax lawyers Lee Morlock, Joe Morley and Meena Kandallu; and technology & IP transactions lawyers Shellie Freedman and Jeremy Korn.