The Public M&A and Technology M&A teams advised SailPoint Technologies Holdings, Inc. (NYSE: SAIL) in its definitive agreement to be acquired by Thoma Bravo. Under the terms of the definitive agreement, Thoma Bravo will acquire SailPoint for $65.25 per share in an all-cash transaction that values SailPoint at an equity value of approximately $6.9 billion.
SailPoint is a leader in identity security for the modern enterprise. Harnessing the power of AI and machine learning, SailPoint automates the management and control of access, delivering only the required access to the right identities and technology resources at the right time. SailPoint's sophisticated identity platform seamlessly integrates with existing systems and workflows, providing the singular view into all identities and their access. SailPoint meets customers where they are with an intelligent identity solution that matches the scale, velocity and environmental needs of the modern enterprise. SailPoint empowers the most complex enterprises worldwide to build a security foundation grounded in identity security.
The Goodwin team was led by Joe Theis, Joshua Zachariah, Jean Lee, and James Ding, and included Cynthia Li, Yifeng Yuan, Andrew Lacy, Simone Waterbury, Elliot Silver, Nick Pellow, Alexandra Denniston, Andre Amorim, James Oh, Deborah Birnbach, Koray Bulut, Martin Gomez, Jacqueline Klosek, Joshua Fattal, Ora Grinberg, Jacob R Osborn, Charles Li, James P Barri, and John S Servidio.
For additional details on the acquisition, please read the press release.