True Wind Capital and FTV Capital’s Equity Investment in Sysnet Global Solutions


Simpson Thacher represented True Wind Capital in connection with its equity investment. The Sysnet team was assisted in the transaction by DC Advisory, the Dublin office of the Maples Group, Jamieson Corporate Finance, and Ernst & Young.

True Wind Capital executed an equity investment, alongside FTV Capital, in Sysnet Global Solutions. The transaction was completed in January 2020. Financial terms of the transaction were not disclosed.

The investment will be used to support Sysnet’s rapid growth in North America and Europe, as well as its expansion into new markets, including Latin America and Asia. The investment will also accelerate the development of its security product offerings.

Sysnet Global Solutions is a leading provider of cyber security and compliance solutions operating in over 60 countries worldwide.

FTV Capital is a growth equity investment firm that has raised more than $2.7 billion to invest in high-growth companies offering a range of innovative solutions in three sectors: enterprise technology and services, financial services, and payments and transaction processing.

True Wind Capital is a San Francisco-based private equity firm focused on investing in leading technology companies with a broad mandate including software, data analytics, tech-enabled services, internet, financial technology, and hardware.

The Simpson Thacher team included Robert Langdon, Ben Spiers, Naveed Anwar, Jiaying Zhang and Brittani Frink (M&A); Tom Wuchenich and Matthew Kemp (Funds); Jennifer Levitt (Credit); Katharine Moir, Sarah Katz and Bill Smolinski (Tax); David Rubinsky, Jennifer Neilsson and Andrew Kofsky (ECEB); and Andrew Lacy and Ellen Frye (Antitrust).

Involved fees earner: Naveed Anwar – Simpson Thacher & Bartlett; Brittani Frink – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett; Matthew Kemp – Simpson Thacher & Bartlett; Andrew Kofsky – Simpson Thacher & Bartlett; Andrew Lacy – Simpson Thacher & Bartlett; Robert Langdon – Simpson Thacher & Bartlett; Jennifer Levitt – Simpson Thacher & Bartlett; Katharine Moir – Simpson Thacher & Bartlett; Jennifer Neilsson – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; William Smolinski – Simpson Thacher & Bartlett; Ben Spiers – Simpson Thacher & Bartlett; Thomas Wuchenich – Simpson Thacher & Bartlett; Jiaying Zhang – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: True Wind Capital;

Author: Ambrogio Visconti