Kirkland Advises Blackstone on Agreement to Acquire Majority Stake in Priority Software
Kirkland & Ellis advised Blackstone on its entry into a definitive agreement to acquire a majority stake in Priority Software, a leading provider of mission-critical business software, from existing investors TA Associates and Fortissimo Capital. Blackstone’s investment will help build on Priority Software’s position at the forefront of the ERP software market and support its further growth across industries and markets. Terms of the transaction were not disclosed.
Read Blackstone’s press release
The Kirkland team was led by corporate partners Chris Burwell and Sean Kramer and associate Roni Zveiris; debt finance partners Leon Daoud and Jia Meng; and tax partner Devin Heckman.