BMC Software’s Acquisition Of Compuware


Macquarie Capital and Jefferies LLC acted as financial advisors to BMC and KKR, and Simpson Thacher & Bartlett LLP served as BMC counsel. Credit Suisse served as financial advisor to Compuware, and Kirkland and Ellis served as legal counsel.

BMC Software, Inc. signed a definitive agreement to acquire Compuware, a Thoma Bravo company and a leading provider of mainframe application development, delivery and support solutions. Financial details of the transaction were not disclosed and the transaction is subject to customary closing conditions.

The strategic combination of BMC and Compuware will build upon the success of BMC Automated Mainframe Intelligence (AMI) and the Topaz suite, ISPW technology, and classic product portfolios from Compuware to further modernize the mainframe industry. This transaction brings together two companies focused on consistently delivering innovative, best-of-breed products to meet the needs of enterprise organizations worldwide. The combined company will help customers better manage their mainframe operations, cybersecurity, application development, data, and storage as part of their enterprise DevOps strategies, as well as provide seamless integration of the mainframe platform development and management processes into the enterprise technology stack.

BMC delivers software, services and expertise to help more than 10,000 customers, including 92% of the Forbes Global 100.

The Simpson Thacher team included Marni Lerner (Picture), Ravi Purushotham, Jeff Levine and Benjamin Bertan (M&A); Adam Shapiro, Cristina Gonzalez and Michael Peragine (Credit); Ryan Bekkerus (Capital Markets); Dave Rubinsky, Jason Fixelle and Alyssa Ohanian (Executive Compensation and Employee Benefits); Sophie Staples (Tax); Lori Lesser, Marcela Robledo and Alysha Sekhon (Intellectual Property); Peter Guryan and Ellen Frye (Antitrust); Krista McManus and Timothy Gallagher (Real Estate); and Mike Isby (Environmental).

Involved fees earner: Ryan Bekkerus – Simpson Thacher & Bartlett; Benjamin Bertan – Simpson Thacher & Bartlett; Jason Fixelle – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; Timothy Gallagher – Simpson Thacher & Bartlett; Cristina Gonzalez – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Marni Lerner – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Jeffrey Levine – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Alyssa Ohanian – Simpson Thacher & Bartlett; Michael Peragine – Simpson Thacher & Bartlett; Ravi Purushotham – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett; Adam Shapiro – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: BMC Software Inc.;

Author: Ambrogio Visconti