Latham & Watkins Advises on Financing to Support Thoma Bravo’s US$6.9 Billion Acquisition of SailPoint

Firm represents the direct lenders in the transaction.

April 12, 2022

SailPoint Technologies Holdings, Inc., a leader in enterprise identity security, has announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction that values SailPoint at approximately US$6.9 billion. The transaction is expected to close in the second half of 2022, subject to customary closing conditions.

Latham & Watkins LLP represented the direct lenders, Golub Capital, Blackstone Credit, and Owl Rock Capital, in the financing with a banking team led by partners Christopher Plaut, Alfred Xue, David Teh, and Josh Holt, with associates Katherine Page, Juan Carlos Olivares, Kevin Castillo, Lillian Xiao, and Yekaterina Fomitcheva.

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