Kirkland Represents Bain Capital Private Equity in Investment in Rocket Software

Kirkland & Ellis LLP represents Bain Capital Private Equity, which announced today the signing of a definitive agreement to acquire a majority stake in Rocket Software, a global technology provider and leader in developing and delivering enterprise modernization and optimization solutions. The enterprise value of the transaction is approximately $2 billion. Rocket Software will continue to operate under its current management team, led by President and Chief Executive Officer Andy Youniss. The transaction is subject to customary closing conditions, including requisite regulatory approvals, and is expected to close during the fourth quarter of 2018.

Read the company press release.

The Kirkland team was led by corporate partners Matthew O’Brien and Chris Elder and included corporate partner Matthew Steinmetz and associates Adam Clifford and Andrew Struckmeyer, debt finance partners Michelle Kilkenney and Andrew Idrizovic and associate Matthew Leist.