Sidley is representing Clearlake Capital Group, L.P. in its acquisition of Kofax in partnership with TA Associates from Thoma Bravo, a software investment firm. Kofax is a provider of intelligent automation software which facilitates digital workflow transformations. Upon closing of the transaction, Clearlake and TA will become majority shareholders in Kofax. The transaction is expected to close in the third quarter of 2022, subject to customary closing conditions.
The Sidley team is being led by Mehdi Khodadad and Scott Parel (M&A and Private Equity), and includes Jeremy Pettit, Rebekah Maloney, and Molly Byman (M&A and Private Equity); Nicholas Schwartz and Kristen Smith (Global Finance); Eric Kauffman, Cathryn Le Regulski, and Emily Wajert (Employment); Rachel Kleinberg and Jonathan Westreich (Tax); Stacy Crosnicker (Employee Benefits and Executive Compensation); Kyle Barnett (Technology and Life Sciences Transactions); Karen Kazmerzak, Ken Daly, Jamie Sadler, Jakob Dewispelaere, and Iva Todorova (Antitrust/Competition); and Sven De Knop and Alessandra Moroni (International Trade).