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Latham & Watkins Advises Lenders on Financing of Thoma Bravo’s Additional Investment in Imprivata to Fund SecureLink Acquisition

June 1, 2022
Multi-office team advised the lead arrangers and direct lenders on the transaction.

Thoma Bravo, a leading software investment firm, has announced that it has made an additional strategic investment in its portfolio company Imprivata, a digital identity company for mission- and life-critical industries, to fund Imprivata's acquisition of SecureLink, the leader in critical access management with elite patient privacy monitoring. Upon closing, Cove Hill Partners, SecureLink's existing majority investor, will retain a minority stake in the combined company.

The first lien arrangers and direct lenders providing the second lien were advised by New York partners Alfred Xue and Chris Plaut, with associates Victor Ludwig and Gloria Torres Zavaleta and by Los Angeles office partner Josh Holt with associates Juan Carlos Olivares and Kevin Castillo.