Jamf’s $373.8 Million Convertible Senior Notes Offering

Kirkland & Ellis advised Jamf, while Davis Polk advised J.P. Morgan Securities, the representative of the initial purchasers in the offering.

Jamf Holding Corp. executed the offering of $325 million aggregate principal amount of its 0.125% convertible senior notes due 2026, plus up to an additional $48.8 million principal amount of notes pursuant to the initial purchasers’ option to purchase additional notes. 

Jamf is the standard in Apple Enterprise Management and its cloud software program is the only vertically-focused Apple infrastructure and security platform of scale in the world. It helps organizations connect, manage and protect Apple products, apps and corporate resources in the cloud without ever having to touch the devices. Jamf has more than 53,000 customers deploying over 23.2 million Apple devices in more than 100 countries and territories. Jamf is headquartered in Minneapolis, Minnesota.

The Davis Polk capital markets team included partners Michael Kaplan (Picture) and Marcel Fausten and associates Clare Conroy, Carlos Escandón and Courtney Y. Sohn. The equity derivatives team included partner Mark M. Mendez, counsel Justin Michael and associates Hanbing Zhang, Yini Chen and Daniel Yu.

The Kirkland team was led by capital markets partners Bob Hayward, Bob Goedert and Alex Schwartz and associates Hannah Kropp, Justin Hay, Tala Esmaili and Katy Martinez, derivatives partner Jaime Madell, corporate associate Jorge Toledo, debt finance partner Austin Glassman and associate Christian Rivas, and tax partner David Kung and associate Allison Bray.

Involved fees earner: Yini Chen – Davis Polk & Wardwell; Clare Conroy – Davis Polk & Wardwell; Carlos Escandón – Davis Polk & Wardwell; Marcel Fausten – Davis Polk & Wardwell; Michael Kaplan – Davis Polk & Wardwell; Mark Mendez – Davis Polk & Wardwell; Justin Michael – Davis Polk & Wardwell; Courtney Sohn – Davis Polk & Wardwell; Daniel Yu – Davis Polk & Wardwell; Hanbing Zhang – Davis Polk & Wardwell; Allison Bray – Kirkland & Ellis; Tala Esmaili – Kirkland & Ellis; Austin Glassman – Kirkland & Ellis; Robert Goedert – Kirkland & Ellis; Justin Hay – Kirkland & Ellis; Robert Hayward – Kirkland & Ellis; Hannah Kropp – Kirkland & Ellis; David Kung – Kirkland & Ellis; Jaime Madell – Kirkland & Ellis; Katy Martinez – Kirkland & Ellis; Christian Rivas – Kirkland & Ellis; Alexander Schwartz – Kirkland & Ellis; Jorge Toledo – Kirkland & Ellis;

Law Firms: Davis Polk & Wardwell; Kirkland & Ellis;

Clients: J.P. Morgan Securities LLC; Jamf Holding;