Kirkland Advises Midship on Sale to Optro

Kirkland & Ellis advised Midship, the industry's premier AI-native SOX automation solution, on its sale to Optro (formerly AuditBoard), the leading AI-powered GRC platform empowering enterprises to transform risk into opportunity. This strategic move immediately delivers highly governed, enterprise-grade AI agents to Optro's customers and prospects, providing immediate business value and representing a significant milestone in delivering the first and only agentic system of action for GRC. Midship will be fully integrated into Optro's Controls Management solution, providing controls testing and SOX compliance workflows, with localization and support for global enterprises. This integration combines Midship's autonomous testing with Optro's recently announced capabilities, including AI Narratives and Flowcharts, Fieldwork Automations, and Continuous Control Monitoring.

Read the transaction press release

The Kirkland team included corporate lawyers Ari Levi and Henry Cole; technology & IP transactions lawyers John Lynn and Alex Barata; tax lawyer Devin Heckman; and employee benefits lawyer Alex Clark.