Vista Equity Partners’ investment in iCIMS Inc.


Goldman Sachs acted as exclusive financial advisor to iCIMS and Qatalyst acted as financial advisor to Vista. Cooley LLP acted as legal advisor to iCIMS and Kirkland and Ellis acted as legal advisor to Vista.

iCIMS Inc., a leading provider of cloud-based?talent acquisition solutions, will receive an investment by Vista Equity Partners (Vista), a market-leading private equity firm that invests in software, data and technology-enabled businesses.

Supporting the hiring initiatives of more than 3,500 customers worldwide on its talent acquisition platform, including such notable brands as 7-Eleven, Enterprise Holdings, Southwest Airlines and Rite Aid, iCIMS is considered the leader in recruitment technology. Employers leverage iCIMS’ recruiting products as well as its ecosystem of integrated partners to attract, screen and hire talent into their organizations. iCIMS’ consistently strong performance across product innovation, customer satisfaction, growth, and employee engagement make the company an attractive investment opportunity in a large and growing market.

The investment takes place during a significant year for iCIMS, which has included the acquisition of mobile recruiting technology provider TextRecruit, new strategic partnerships with ADP and Ultimate Software, and key leadership hires within the C-suite.

In 2012 Susquehanna Growth Equity invested in iCIMS, with an additional investment in 2015. Susquehanna will continue to be a shareholder and serve on the Board of Directors, and iCIMS founder, Colin Day, will continue to serve on the board and as company CEO.

Kirkland advised Vista Equity Partners with Stuart E. Casillas (Picture) and Natalie Logan.

Cooley advised iCIMS with a team including Yvan-Claude Pierre, Garth Osterman, Kassendra Galindo, David Silverman, Eric Schwartzman and Patrick Flanagan.

Involved fees earner: Yvan-Claude Pierre – Cooley LLP; Garth Osterman – Cooley LLP; Kassendra Galindo – Cooley LLP; David Silverman – Cooley LLP; Eric Schwartzman – Cooley LLP; Patrick Flanagan – Cooley LLP; Stuart Casillas – Kirkland & Ellis; Natalie Logan – Kirkland & Ellis;

Law Firms: Cooley LLP; Kirkland & Ellis;

Clients: Vista Equity Partners; iCIMS, Inc.;

Author: Ambrogio Visconti