Kirkland Advises Francisco Partners in Purchase of Sumo Logic for $1.7 Billion

Kirkland & Ellis counseled affiliates of Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, on its definitive agreement to purchase Sumo Logic (Nasdaq: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, for $12.05 per share in cash. The all-cash transaction values Sumo Logic at an aggregate equity valuation of approximately $1.7 billion.

Read Sumo Logic’s press release

The Kirkland team was led by corporate partners Chelsea Darnell and Ed Lee, with support from corporate partners Michele Cumpston and Sean Kramer, and included corporate associates Alex Gallogly, Jacob Reichman and Brian Campbell; executive compensation partner Rohit Nafday; tax partner Devin Heckman; debt finance partner Brian Ford; technology & IP transactions partner Vlad Khodosh; antirust partner Andrea Murino; and investment funds partners Justin Solomon and Michael Ryan Lee.