Blackstone’s Investment in Dynamo Software

Kirkland & Ellis represented Dynamo Software and Francisco Partners, while Weil Gotshal & Manges represented Blackstone in the transaction.

Dynamo Software, a premier provider of comprehensive cloud software for the alternative investment management industry, entered into a definitive agreement providing for a strategic growth investment from funds managed by Blackstone Growth (BXG). Existing investor Francisco Partners will also reinvest in the company, which has grown rapidly the last four years.

The investment will help drive Dynamo’s expansion into new global markets and continued product development to best serve fund managers, deal teams, asset owners / allocators and other industry participants across the alternative investment landscape. 

Dynamo Software has provided industry-tailored, highly-configurable investment management, reporting and data management cloud software solutions to the global alternative investment industry since 1998.

Blackstone is the world’s largest alternative asset manager, with $684 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. 

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch over 20 years ago, Francisco Partners has invested in more than 300 technology companies, making it one of the most active and longstanding investors in the technology industry. 

Raymond James & Associates, Inc. served as exclusive financial advisor to Dynamo Software and Francisco Partners; and Bank of America served as exclusive financial advisor to Blackstone.

The Weil team advising Blackstone was led by Private Equity partners Christopher Machera (Picture) and Jenna McBain and included Private Equity associates Marina Safonova, Brian Howton, Rachel Lowitz and Katherine Adams (Not Yet Admitted in New York). The team also included Tax partner Hillel Jacobson; Tax counsel Adam Arikat; Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits associate Tricia Walsh; Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions/Privacy counsel Alexa Chu Clinton; Technology & IP Transactions/Privacy associates Robert Brown and Tyler Fredricks; Antitrust counsel Michael Naughton; Antitrust associate Marie-Marie de Fays; Employment Litigation partner Nicholas Pappas; and Employment Litigation associate Nicole Jibrine. The London team included Corporate partner Michael Francies and Real Estate associates Laura Murray and Victoria Lloyd. The Hong Kong team included Corporate partner Henry Ong and Corporate associates Jacky Sin and Sam Flood.

The Kirkland team was led by corporate partner Sean Kramer and associate James Brownstein, tax partner Devin Heckman, and executive compensation partner Rohit Nafday and associate Matthew Wood, with support from corporate partner Adam Phillips and associate Jana Glock.

Involved fees earner: James Brownstein – Kirkland & Ellis; Jana Glock – Kirkland & Ellis; Devin Heckman – Kirkland & Ellis; Sean Kramer – Kirkland & Ellis; Rohit Nafday – Kirkland & Ellis; Adam Phillips – Kirkland & Ellis; Matthew Wood – Kirkland & Ellis; Katherine Adams – Weil, Gotshal & Manges; Adam Arikat – Weil, Gotshal & Manges; Robert Brown – Weil, Gotshal & Manges; Alexa Chu Clinton – Weil, Gotshal & Manges; Marie-Marie de Fays – Weil, Gotshal & Manges; Sam Flood – Weil, Gotshal & Manges; Michael Francies – Weil, Gotshal & Manges; Tyler Fredricks – Weil, Gotshal & Manges; Brian Howton – Weil, Gotshal & Manges; Hillel Jacobson – Weil, Gotshal & Manges; Nicole Jibrine – Weil, Gotshal & Manges; Victoria Lloyd – Weil, Gotshal & Manges; Rachel Lowitz – Weil, Gotshal & Manges; Christopher Machera – Weil, Gotshal & Manges; Jenna McBain – Weil, Gotshal & Manges; Laura Murray – Weil, Gotshal & Manges; Michael Naughton – Weil, Gotshal & Manges; Henry Ong – Weil, Gotshal & Manges; Jeffrey Osterman – Weil, Gotshal & Manges; Nicholas Pappas – Weil, Gotshal & Manges; Amy Rubin – Weil, Gotshal & Manges; Marina Safonova – Weil, Gotshal & Manges; Jacky Sin – Weil, Gotshal & Manges; Tricia Walsh – Weil, Gotshal & Manges;

Law Firms: Kirkland & Ellis; Weil, Gotshal & Manges;

Clients: Blackstone; Francisco Partners;