BC Partners’ Investment In Advanced

Kirkland & Ellis advised Vista Equity Partners on BC Partners’ investment in Advanced. Kirkland & Ellis also represented funds advised by BC Partners LLP on the transaction.

The funds from BC Partners will support Advanced’s rapid growth aspirations to become the No. 1 provider of business software solutions in the UK, while expanding its global footprint. Vista acquired Advanced in 2015 and will continue as an investor, partnering with BC Partners and the Advanced team to accelerate adoption of the company’s cloud-based ERP, vertical market and application modernization software solutions. Terms of the transaction were not disclosed.

The Kirkland team was led by transactional partners Stuart Boyd (Picture) and Jacob Traff and associates Anne Stroude and Sharon Skipper; debt finance partner Evgeny Zborovsky; antitrust partner Sarah Jordan and associate James Parkinson; and tax partner Jan Hobbs and associate Sam Trowbridge.

The Kirkland team wich advised BC Partners LLP was led by London transactional partners David Higgins, Rory Mullarkey and Tom Bartram, and associate Victoria Legg; London debt finance partner Neel Sachdev; San Francisco debt finance partners Sonali Jindal and Douglas Tedeschi; London technology & IP partner Emma Flett and associate Joanna Thomson; and London antitrust partner Sally Evans.

Involved fees earner: Tom Bartram – Kirkland & Ellis; Stuart Boyd – Kirkland & Ellis; Sally Evans – Kirkland & Ellis; Emma Flett – Kirkland & Ellis; David Higgins – Kirkland & Ellis; Jan Hobbs – Kirkland & Ellis; Sonali Jindal – Kirkland & Ellis; Sarah Jordan – Kirkland & Ellis; Victoria Legg – Kirkland & Ellis; Rory Mullarkey – Kirkland & Ellis; James Parkinson – Kirkland & Ellis; Neel Sachdev – Kirkland & Ellis; Sharon Skipper – Kirkland & Ellis; Anne Stroude – Kirkland & Ellis; Douglas Tedeschi – Kirkland & Ellis; Joanna Thomson – Kirkland & Ellis; Jacob Traff – Kirkland & Ellis; Sam Trowbridge – Kirkland & Ellis; Evgeny Zborovsky – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: BC Partners; Vista Equity Partners;

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