Kirkland Advises Silversmith Capital Partners on Growth Investment in Proven Optics
Kirkland & Ellis advised Silversmith Capital Partners, a Boston-based growth equity firm, on its majority growth investment in Proven Optics, a provider of financial management software solutions delivered on the ServiceNow Platform. The investment marks the first time the profitable, founder-led company has raised outside capital and was made from Silversmith's fourth growth equity fund, a $1.3 billion fund raised in July 2022 (on which Kirkland also advised). Financial terms of the investment were not disclosed.
Read the Proven Optics press release
The Kirkland team was led by corporate partner Christian Atwood and associate Nils Remole, with assistance from corporate associates Kendahl Mordini and Aubrey Trudeau, tax partners Paul Hendrickson and Lee Morlock, and technology & IP transactions partner Shellie Freedman and associate Bijan Motiwalla.