The Firm is representing KKR in connection with its announced acquisition of BMC Software. The company is being acquired from a private investor group led by Bain Capital Private Equity and Golden Gate Capital together with GIC, Insight Venture Partners and Elliott Management. Financial terms of the transaction were not disclosed. The transaction is expected to close in the third quarter of 2018, subject to regulatory approvals and other customary closing conditions.
BMC is a leading systems software provider which helps enterprise organizations manage and optimize information technology across cloud, hybrid, on-premise and mainframe environments.
The Simpson Thacher team includes Marni Lerner, Ravi Purushotham, Jeff Levine, Evan Zuckerman and Samantha Alman (M&A); David Rubinsky, Eric Wolf and Jake Phillips (ECEB); Lori Lesser and Marcela Robledo (IP); Michael Isby (Environmental); Krista McManus (Real Estate); Cristina Gonzalez and Sarah Pelham (Banking and Credit); Sophie Staples and CJ Murray (Tax); Joe Kaufman, Ryan Bekkerus and Teresa Chen (Capital Markets); Joyce Xu (Derivatives); and Peter Guryan, Ellen Frye, Kelly Karapetyan and Eric Mills (Antitrust). Summer Associate Chirag Desai provided invaluable assistance.