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.

 
 
Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.