Partners Group’s Majority Investment in Idera


Kirkland & Ellis and Horzepa, Spiegel & Associates acted as legal counsel for Idera, while Ropes & Gray acted as legal counsel for Partners Group in the transaction.

Partners Group signed the agreement to become the majority owner of Idera Inc., a leading global provider of software solutions for IT professionals.

Current shareholders HGGC and TA Associates will continue as equity investors moving forward, along with Idera’s management team.

Idera delivers B2B software productivity tools used by millions of community members and more than 50,000 customers worldwide including some of the world’s largest healthcare, financial services, retail, and technology companies.

Partners Group is a leading global private markets investment manager. Since 1996, the firm has invested over $145 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally.

The Ropes & Gray team that advised Partners Group was led by private equity partner Bob Rivollier (Picture) and private equity associate Bryan Flatt (both of New York), and included intellectual property transactions partner Violetta Kokolus (New York), employment, executive compensation & benefits partner Danna Kivell (New York), tax partner Adam Greenwood and tax associate Michael Shulman (both of New York).

The Kirkland team for Idera was led by transactional partner Adam Phillips and associate Jana Glock, and included transactional partners Marc Browning, Vlad Kroll and Erin Blake, tax partners Devin Heckman and Kevin Coenen, executive compensation partner Rohit Nafday, antitrust partner Michael Thorpe, and debt finance partners Brian Ford and Kathryn Keves Leonard and associates Ashley Kerr, Bridget Hahn and Spencer Welch.

Involved fees earner: Erin Blake – Kirkland & Ellis; Marc Browning – Kirkland & Ellis; Kevin Coenen – Kirkland & Ellis; Brian Ford – Kirkland & Ellis; Jana Glock – Kirkland & Ellis; Devin Heckman – Kirkland & Ellis; Ashley Kerr – Kirkland & Ellis; Kathryn Keves Leonard – Kirkland & Ellis; Vlad Kroll – Kirkland & Ellis; Rohit Nafday – Kirkland & Ellis; Adam Phillips – Kirkland & Ellis; Michael Thorpe – Kirkland & Ellis; Bryan Flatt – Ropes & Gray; Adam Greenwood – Ropes & Gray; Danna Kivell – Ropes & Gray; Violetta Kokolus – Ropes & Gray; Bob Rivollier – Ropes & Gray; Michael Shulman – Ropes & Gray;

Law Firms: Kirkland & Ellis; Ropes & Gray;

Clients: IDERA Inc.; Partners Group;

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Author: Ambrogio Visconti