Kirkland Advises Thoma Bravo and Portfolio Company Venafi on Sale of Venafi to CyberArk
May 21, 2024
May 21, 2024
CHICAGO, Illinois, May 21 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised Thoma Bravo and its portfolio company Venafi, a leader in machine identity management, on the sale of Venafi to identity security company CyberArk. CyberArk intends to acquire Venafi for an enterprise value of approximately $1.54 billion in a combination of cash and CyberArk shares (approximately $1 billion in cash and approximately $540 million in shares).
Kirkland & Ellis advised Thoma Bravo and its portfolio company Venafi, a leader in machine identity management, on the sale of Venafi to identity security company CyberArk. CyberArk intends to acquire Venafi for an enterprise value of approximately $1.54 billion in a combination of cash and CyberArk shares (approximately $1 billion in cash and approximately $540 million in shares).