A team of Goodwin Procter attorneys recently advised Thoma Bravo, a private equity firm, on its majority investment in SailPoint Technologies, Inc. Terms of the transaction were not disclosed.
Thoma Bravo, founded more than 30 years ago, invests with a particular focus on application and infrastructure software and technology enabled services. The firm manages funds representing more than $7.5 billion of committed capital and is currently investing out of its eleventh fund of over $3.5 billion in capital commitments. Thomas Bravo has offices in Chicago and San Francisco.
Founded in 2005, SailPoint is an independent identity and access management (IAM) provider. The company helps organizations securely and effectively deliver and manage user access from any device to data and applications residing in datacenters, mobile devices, and in the cloud. SailPoint is based in Austin, Texas.
The Goodwin team advising Thoma Bravo was led by attorneys from the firm’s San Francisco office, including partners Hovey Kemp and Jared Jensen, partner Laura Rupenian and associate William Pearce (Debt Finance), partner Karen Spindler and associate Ginggi Storer (IP) and partner Kelsey Lemaster (Tax). Additional support was provided by partner Scott Webster and associate James Mattus (ERISA) in the firm’s Boston office and counsel Todd Hahn (Antitrust) in New York.
To learn more, please read the press release announcing the close of the transaction.