Kirkland Advises Thoma Bravo-Backed SailPoint on Upsized Initial Public Offering

Kirkland & Ellis advised Thoma Bravo and SailPoint, Inc., a leader in unified identity security for enterprises, on SailPoint’s upsized initial public offering of 60,000,000 shares of its common stock at a public offering price of $23.00 per share. The shares are expected to begin trading on Nasdaq Global Select Market on February 13, 2025 under the ticker symbol “SAIL,” and the offering is expected to close on February 14, 2025, subject to customary closing conditions.

Read SailPoint’s press release

The Kirkland team included capital markets lawyers Michael Keeley and Lanchi Huynh; and corporate lawyer Brad Reed.