Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, has announced that it has reached an agreement to acquire Calypso Technology, Inc., a cloud-enabled provider of cross-asset front-to-back solutions and managed services for financial markets, from international private equity group Bridgepoint and global growth investor Summit Partners. The deal, which is subject to customary regulatory approvals, is expected to close in the second quarter of 2021. Financial terms of the transaction were not disclosed.
Latham & Watkins LLP represents Calypso, Bridgepoint, and Summit Partners in the transaction with an M&A team led by Paris partner Olivier du Mottay and London partner Farah O’Brien, with associates Allison Kramer, Alice Drayton, and Nick Fisher. Advice was also provided on foreign direct investment matters by Paris partner Charles-Antoine Guelluy and Hamburg counsel Jana Dammann, with associate Delphine Van Damme; on finance matters by Paris partner Xavier Farde, with counsel Carla-Sophie Imperadeiro; and on antitrust matters by Brussels partner Luca Crocco, with associate Marine Dewaele.