Sidley is representing Clearlake Capital Group, L.P. in connection with its significant equity investment in RSA Security LLC. RSA is a global provider of mission critical cybersecurity software and governance risk and compliance management software solutions to enterprises, including 90% of Fortune 100 organizations. With this investment, Clearlake will become an equal partner with Symphony Technology Group, which initially acquired the business in 2020 alongside Ontario Teachers' Pension Plan Board from Dell Technologies. Ontario Teachers' will remain a significant minority stakeholder. The transaction is expected to close after satisfaction of regulatory clearances and customary closing conditions.
The Sidley team was led by Mehdi Khodadad, Nicolai Schwarz-Gondek, and Mark Castiglia (M&A and Private Equity), and included Jim Warczak, Jackson Long, and J.D Swancoat (M&A and Private Equity); Eric Kauffman (Employment); Chris Brause and Jonathan Westreich (Tax); Karen Kazmerzak, Ken Daly, Elizabeth Chen, Jakob Dewispelaere, and Matthew Simpson (Antitrust/Competition); Stacy Crosnicker and Sarah Recktenwald (Employee Benefits and Executive Compensation); Kyle Barnett (Technology and IP Transactions); Mark Prior and Ash Nagdev (Privacy and Cybersecurity); and Sven De Knop, Howard Stanislawski, Alessandra Moroni, Justine Fassion, and Ines Willemyns (International Trade).