Kirkland Advises Vista Equity Partners on Sale of Social Solutions to Apax Funds
Kirkland & Ellis advised Vista Equity Partners on the sale of its portfolio company, Social Solutions, to funds advised by Apax (the “Apax Funds”). As part of the transaction, Apax Funds also acquired EveryAction from Insight Partners. The two best-in-class companies will be combined with CyberGrants, which was recently acquired by the Apax Funds, to create a leading provider of next-generation Software-as-a-Service (SaaS) solutions to the social good ecosystem. The combined company will have an enterprise value of $2 billion, making it the largest M&A transaction in the history of the social good software sector. Vista will maintain a stake in the combined business.
Read the Apax Funds press release
The Kirkland team was led by corporate partner Vlad Kroll and associates Lesley Hamilton, Alex Dayneka-Hayes, John Sheridan, Alexi Warren and Nicholas Cagle, with assistance from corporate partner Ari Levi.