Siris Capital Group’s $1.7 Billion Acquisition Of Electronics For Imaging

Kirkland & Ellis advised an affiliate of Siris Capital Group, LLC on its financing for the purchase and take private of Electronics For Imaging, Inc. (Nasdaq: EFII), a world leader in customer focused digital printing innovation, in an all-cash transaction valued at approximately $1.7 billion.

Equity financing will be provided by investment funds affiliated with Siris. Siris secured committed debt financing for the transaction from RBC Capital Markets, KKR Capital Markets LLC, Deutsche Bank Securities Inc., Barclays, Credit Suisse, and Macquarie Capital.

Sidley Austin LLP is serving as corporate counsel, Kirkland & Ellis LLP is serving as financing counsel, and RBC Capital Markets is serving as M&A advisor to Siris in connection with the transaction. Morgan Stanley & Co. and Greenhill & Co., LLC are serving as financial advisors to EFI, and O’Melveny & Myers is serving as its legal counsel.

Siris is a leading private equity firm focused on investing and driving value creation in technology companies that provide mission-critical solutions and are facing technology transitions.

EFI™ is a global technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging.

The Kirkland team was led by debt finance partners Eric Wedel (Picture) and Rachel Gray and associates Caroline Epstein and Sumer Marquette.

The Sidley Austin team was led by partners Dan Clivner and Vijay Sekhon with support from associates Payom Pirahesh, Aaron Werner, Cat Zhang, Ian Day, Maria Abesa, Akash Kumar, Joseph Christie and Ellen Lebow.

O’Melveny advised EFI, the team was led by partners Brophy Christensen, Warren Lazarow, and Eric Zabinski, and counsel Noah Kornblith, and included associates Bhavreet Gill, Elaine Sun, Ashleigh Ruggles, John Chong, and Carolyn White. Partner Jeff Walbridge, senior counsel Warren Fox, and Rebecca Cottrell advised on executive compensation; partner Jennifer Taylor on finance; partner Eric Amdursky on employment; partner Andy Dolak and counsel Tom Oslovar on IP; partner Robert Fisher and counsel Billy Abbott on tax; partner Courtney Dyer, counsel Courtney Byrd, and counsel Philippe Nogues on antitrust; and senior counsel Scott Widen on M&A.

Involved fees earner: Caroline Epstein – Kirkland & Ellis; Rachel Gray – Kirkland & Ellis; Sumer Marquette – Kirkland & Ellis; Eric Wedel – Kirkland & Ellis; Billy Abbott – O’Melveny & Myers LLP; Eric Amdursky – O’Melveny & Myers LLP; Courtney Byrd – O’Melveny & Myers LLP; John Chong – O’Melveny & Myers LLP; Brophy Christensen – O’Melveny & Myers LLP; Rebecca Cottrell – O’Melveny & Myers LLP; Andrew Dolak – O’Melveny & Myers LLP; Courtney Dyer – O’Melveny & Myers LLP; Robert Fisher – O’Melveny & Myers LLP; Warren Fox – O’Melveny & Myers LLP; Noah Kornblith – O’Melveny & Myers LLP; Warren Lazarow – O’Melveny & Myers LLP; Philippe Nogues – O’Melveny & Myers LLP; Tom Oslovar – O’Melveny & Myers LLP; Ashleigh Ruggles – O’Melveny & Myers LLP; Bhavreet Singh Gill – O’Melveny & Myers LLP; Elaine Sun – O’Melveny & Myers LLP; Jennifer Taylor – O’Melveny & Myers LLP; Jeff Walbridge – O’Melveny & Myers LLP; Carolyn White – O’Melveny & Myers LLP; Scott Widen – O’Melveny & Myers LLP; Eric Zabinski – O’Melveny & Myers LLP; Maria Abesa – Sidley Austin LLP; Joseph Christie – Sidley Austin LLP; Dan Clivner – Sidley Austin LLP; Ian Day – Sidley Austin LLP; Akash Kumar – Sidley Austin LLP; Ellen Lebow – Sidley Austin LLP; Payom Pirahesh – Sidley Austin LLP; Vijay Sekhon – Sidley Austin LLP; Aaron Werner – Sidley Austin LLP; Cat Zhang – Sidley Austin LLP;

Law Firms: Kirkland & Ellis; O’Melveny & Myers LLP; Sidley Austin LLP;

Clients: Electronics for Imaging; Siris Capital Group, LLC.;