Smarsh’s $375 Million Acquisition of Digital Safe

In UK Kirkland & Ellis, advised on the matter.

Kirkland & Ellis advised Smarsh with a team including Dipak Bhundia (Picture – Corporate M&A), Stuart Boyd (Corporate M&A).

Smarsh Inc., a global leader in electronic communications archiving solutions for regulated organisations and a portfolio company of funds managed by K1 Investment Management LLC., executed the acquisition of Digital Safe archiving and risk management portfolio from Micro Focus, for a total consideration of $375 million.

Digital Safe offers users information governance and automated archiving solutions to access, govern, search, analyse and centrally manage data.

Micro Focus (LSE: MCRO; NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000. 

The Kirkland team was led by corporate partners Dipak Bhundia (Picture), Adam Phillips and Stuart Boyd and associates Jiri Peterka, Oliver Newling and Katya Boyko; and technology & IP transactions partner Todd Herst and associate Jacqueline Clover.

Involved fees earner: Dipak Bhundia – Kirkland & Ellis; Stuart Boyd – Kirkland & Ellis; Katya Boyko – Kirkland & Ellis; Jacqueline Clover – Kirkland & Ellis; Todd Herst – Kirkland & Ellis; Oliver Newling – Kirkland & Ellis; Jiri Peterka – Kirkland & Ellis; Adam Phillips – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Smarsh;

Author: Giulia Di Palma