Idera’s Recapitalization


Kirkland & Ellis acted as legal advisor to Idera, and Ropes & Gray is legal advisor to Partners Group. Jefferies LLC and Credit Suisse acted as financial advisors to Idera on the transaction.

Idera, Inc. parent company of global B2B software productivity brands received a new minority investment from Partners Group, a global private markets investment manager, on behalf of its clients.

Idera, based in Houston, develops software that enables database professionals to design, monitor and manage data systems and provides application development tools to help software engineers build, test, deploy, and manage a wide range of applications faster and more efficiently.

The Kirkland team was led by transactional partners Adam Phillips (Picture) and Marc Browning, tax partners Karen Lee and Kevin Coenen, and debt finance partner Brian Ford. Transactional partners Jonathan Manor and Austin Pollet, debt finance partners Sonali Jindal and Aditi Iyer, and tax partner Devin Heckman also advised on the deal.

Involved fees earner: Marc Browning – Kirkland & Ellis; Kevin Coenen – Kirkland & Ellis; Brian Ford – Kirkland & Ellis; Devin Heckman – Kirkland & Ellis; Aditi Iyer – Kirkland & Ellis; Sonali Jindal – Kirkland & Ellis; Karen Lee – Kirkland & Ellis; Jonathan Manor – Kirkland & Ellis; Adam Phillips – Kirkland & Ellis; Austin Pollet – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: IDERA Inc.;

Author: Ambrogio Visconti