Latham Represents KKR and Club of Private Credit Sources in Debt Financing for Flexera Software

KKR, a leading global investment firm, has announced that KKR-managed credit funds and accounts served as lead investor on the debt financing for the recapitalization of Flexera Software, a global leader in technology spend and risk intelligence. KKR Capital Markets also served as lead arranger and bookrunner on the transaction.

Latham & Watkins LLP represented KKR, Blackstone, Golub, and HPS, among other private credit financing sources, in the transaction with a team led by Alfred Xue, Global Vice Chair of the Banking & Private Credit Practice, Stelios Saffos, Global Chair of the Capital Markets and Public Company Representation Practices and Global Chair of the Hybrid Capital Practice, and partner Conray Tseng, with associates Daniel Ovadia, Jack Klein, Yoojin DeNiro, and assistance from Anastassia Simonian. Advice was also provided on UK finance matters by partner Manoj Bhundia; on uniform commercial code matters by partner Brian Rock, with associate Sean Travers; and on tax matters by partner Bora Bozkurt, with associate Kathryn Harrington.