KKR’s Acquisition Of Corel Corporation

Kirkland & Ellis advised KKR on its acquisition of Corel Corporation (“Corel”) from Vector Capital.

Corel offers a wide portfolio of software solutions that deliver best-in-class capabilities to over 90 million knowledge workers worldwide. The investment in Corel is primarily being made from KKR’s Americas XII Fund. Financial details of the transaction were not disclosed.

Corel and Vector Capital were represented by Sidley Austin LLP during this transaction, with Kirkland & Ellis LLP and Deloitte representing KKR.

The Kirkland team was led by transactional partners Leo Greenberg (Picture) and Ravi Agarwal and associate Francisco Morales Barrón; debt finance partners Eric Wedel and Rachel Gray; and tax partners Michael Beinus and Sehj Vather.

The Sidley team was led by Martin Wellington (M&A) and partners Anna Remis (Technology and IP Transactions), Ben Rosemergy (Employee Benefits and Executive Compensation), Patrick Harrison (Antitrust and Competition) and Suresh Advani (Tax); senior counsel Marc Raven (Antitrust and Competition); counsel Kate Heinzelman (Privacy and Cybersecurity); and associates Sara Carian (M&A), Lauren Guerdat (M&A) and Rosanna Connolly (Antitrust).

Involved fees earner: Ravi Agarwal – Kirkland & Ellis; Michael Beinus – Kirkland & Ellis; Rachel Gray – Kirkland & Ellis; Leo Greenberg – Kirkland & Ellis; Francisco Morales Barron – Kirkland & Ellis; Sehj Vather – Kirkland & Ellis; Eric Wedel – Kirkland & Ellis; Suresh Advani – Sidley Austin LLP; Sara Carian – Sidley Austin LLP; Rosanna Connolly – Sidley Austin LLP; Lauren Guerdat – Sidley Austin LLP; Patrick Harrison – Sidley Austin LLP; Kate Heinzelman – Sidley Austin LLP; Marc Raven – Sidley Austin LLP; Anna Remis – Sidley Austin LLP; Benjamin Rosemergy – Sidley Austin LLP; Martin Wellington – Sidley Austin LLP;

Law Firms: Kirkland & Ellis; Sidley Austin LLP;

Clients: KKR; Vector Capital;