Paul Hastings served as legal advisor and RBC Capital Markets and Jefferies LLC served as financial advisors to Francisco Partners. Jefferies Finance LLC provided financing for the transaction. William Blair & Company LLC served as financial advisor, and Kirkland and Ellis served as legal advisor to Bomgar.
Francisco Partners (“FP”), a leading technology-focused private equity firm, has signed a definitive agreement to acquire Bomgar, a leader in secure access solutions. The acquisition will strengthen Francisco Partners’ security technology portfolio with the addition of Bomgar’s privileged access and identity management solutions.
Francisco Partners is acquiring Bomgar from Thoma Bravo, and financial details were not disclosed.
Founded in 2003, Bomgar enables customers to quickly access and protect endpoints, defend privileged credentials, and support technology end-users to help businesses fight cyber threats while speeding performance. Bomgar’s market-leading Privileged Access Management (PAM) and Remote Support solutions are used by more than 13,000 customers worldwide. Bomgar enables security and IT professionals to combat threats to valuable data and systems, all while increasing productivity and efficiency.
The Paul Hastings team was led by partners Mike Kennedy (Picture) and Jeffrey Wolf and also included Tax partner Ziemowit Smulkowski and Employment partner Dan Stellenberg, and associates Erica Lee and Kevin Walker.
Involved fees earner: Mike Kennedy – Paul Hastings; Jeffrey Wolf – Paul Hastings; Erica Lee – Paul Hastings; Kevin Walker – Paul Hastings; Ziemowit Smulkowski – Paul Hastings; Dan Stellenberg – Paul Hastings;
Law Firms: Paul Hastings;
Clients: Francisco Partners;