The Public M&A and Technology M&A teams advised SailPoint Technologies Holdings, Inc. (NYSE: SAIL) in its definitive agreement to be acquired by Thoma Bravo. Under the terms of the definitive agreement, Thoma Bravo will acquire SailPoint for $65.25 per share in an all-cash transaction that values SailPoint at a net worth of approximately $6.9 billion.
SailPoint is a leader in identity security for the modern enterprise. Harnessing the power of AI and machine learning, SailPoint automates access management and control, providing only the access needed to the right identities and technology resources at the right time. SailPoint’s sophisticated identity platform integrates seamlessly with existing systems and workflows, providing a single view of all identities and their access. SailPoint responds to customers where they are with an intelligent identity solution that matches the scale, speed and environmental needs of modern business. SailPoint enables the world’s most complex enterprises to build a security foundation based on identity security.
The Goodwin team was led by Joe Theis, Joshua Zachariah, Jean Lee and James Ding, and included Cynthia Li, Yifeng Yuan, Andrew Lacy, Simone Waterbury, Elliot Silver, Nick Pellow, Alexandra Denniston, Andre Amorim, James Oh, Deborah Birnbach , Koray Bulut, Joni Noggle, Martin Gomez, Preston Mortemore, Jacqueline Klosek, Joshua Fattal, Ora Grinberg, John Kim, Jacob R Osborn, Charles Li, Delphine O’Rourke, Winnie Uluocha, James P Barri and John S Servidio.
For more details on the acquisition, please read the press release.