Kirkland Advises Vista Equity Partners in its Acquisition of TIBCO Software Inc.

Kirkland & Ellis LLP represents Vista Equity Partners, a leading private equity firm focused on software, data and technology-enabled businesses, which today announced it entered into a definitive agreement to acquire TIBCO Software Inc. (NASDAQ: TIBX), a global leader in infrastructure and business intelligence software. Under the terms of the agreement, TIBCO stockholders will receive $24.00 per share in cash, or a total of approximately $4.3 billion, including the assumption of net debt.  The transaction, which is expected to close in the fourth calendar quarter of 2014, is subject to approval by TIBCO stockholders, regulatory approvals and other customary closing conditions.
 
The Kirkland team includes corporate partners David Breach, Sarkis Jebejian, Stuart Casillas and Joshua Zachariah.
 
Other advisors on the deal include  Goldman, Sachs & Co., as financial advisor, and Wilson Sonsini Goodrich & Rosati, Professional Corporation, as legal advisor to TIBCO. BofA Merrill Lynch, Deutsche Bank Securities Inc., JPMorgan Securities LLC, Jefferies Finance LLC, and Union Square Advisors LLC are financial advisors to Vista Equity Partners.  

To read more about the transaction, please click here.