Vista Equity Partners’ Acquisition of Alegeus Technologies Holdings Corp.


BofA Merrill Lynch and TripleTree acted as financial advisors in the transaction, and Simpson Thacher & Bartlett acted as legal advisor to Alegeus. Kirkland & Ellis acted as legal advisor to Vista.

Lightyear Capital finalized the sale of Alegeus to Vista Equity Partners. The transaction is expected to close as soon as appropriate approvals are completed. Financial details of the transaction were not disclosed.

Alegeus is the market leader in consumer directed healthcare (CDH) solutions, offering the industry’s most comprehensive platform for the administration of healthcare benefit accounts (including FSAs, HSAs, HRAs, wellness incentive, dependent care and commuter accounts), the industry’s most widely used benefit debit card, and powerful engagement solutions to help consumers maximize savings and optimize spending for their healthcare.

The Kirkland team was led by corporate partners Stuart E. Casillas (Picture) and James W. Beach.

The Simpson Thacher team includes Caroline B. Gottschalk, Michael T. Holick, Matthew Gabbard and Lillian Morgenstern (M&A); Gregory Grogan, Patricia Adams and Eric Wolf (Executive Compensation and Employee Benefits); Gary Mandel and Sophie Staples (Tax); Peter Guryan, Richard Jamgochian and Daniel Owsley (Antitrust); Brian Gluck and Leah Nudelman (Banking and Credit); Lori Lesser and Marcela Robledo (Intellectual Property); and David Caldwell (Regulatory).

Involved fees earner: Caroline Gottschalk – Simpson Thacher & Bartlett; Michael Holick – Simpson Thacher & Bartlett; Matthew Gabbard – Simpson Thacher & Bartlett; Lillian Morgenstern – Simpson Thacher & Bartlett; Gregory Grogan – Simpson Thacher & Bartlett; Patricia Adams – Simpson Thacher & Bartlett; Eric Wolf – Simpson Thacher & Bartlett; Gary Mandel – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Richard Jamgochian – Simpson Thacher & Bartlett; Daniel Owsley – Simpson Thacher & Bartlett; Brian Gluck – Simpson Thacher & Bartlett; Leah Nudelman – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett; David Caldwell – Simpson Thacher & Bartlett; Stuart Casillas – Kirkland & Ellis; James Beach – Kirkland & Ellis;

Law Firms: Simpson Thacher & Bartlett; Kirkland & Ellis;

Clients: Vista Equity Partners; Alegeus Technologies, LLC; Lightyear Capital LLC;

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Author: Ambrogio Visconti