Press Release May 19, 2022

Permira Completes Acquisition of Mimecast for $5.8 Billion

The Public M&A and Technology teams advised Mimecast Limited on its acquisition by funds advised by Permira for approximately $5.8 billion or $80 per share in cash.

With the completion of the transaction, Mimecast’s stock ceased trading and the company is no longer listed on any public market.

Mimecast was born in 2003 with a focus on delivering relentless protection. Each day, it takes on cyber disruption for its tens of thousands of customers around the globe.

The Goodwin team was led by Stuart Cable, Lisa Haddad, Mark Opper, Andrew Lacy and Lillian Kim and included Michael Minahan, James Ding, Bryan Kultgen, Samuel Weiss, Nicolo Nourafchan, Jennifer Chunias, Steve Charkoudian, Steven Argentieri, Benjamin Horwitz, Chadwick Boswell, Deborah Birnbach, Morgan Mordecai, James An, Katie Kissinger, Alexandra Denniston, Morgan Frisoli, Zoe Li, Jackie Klosek, Boris Segalis, Alex Intile, Nick Caro, Michael Casaburi, Brady Cummins, Jacob Osborn, Charles Li, Janet Andolina, Kyle Pine, Gregg Coughlin, Dulcie Daly, Satvi Vepa, Christina Lewis, Sophie Duffy and Brian Mukherjee

Goodwin’s recent Technology M&A transactions also include SailPoint’s pending sale to Thoma Bravo for $6.9 billion; Citrix Systems’ $16.5 billion pending sale to affiliates of Vista Equity Partners and Evergreen Coast Capital; and Deliverr’s pending sale to Shopify for $2.1 billion.

For more details on the Mimecast transaction, read the press release.