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Willkie Farr & Gallagher LLP
Willkie Farr & Gallagher LLP
20/03/2024 | News release | Distributed by Public on 21/03/2024 00:58
Willkie Advises on Sale of Jama Software for $1.2 Billion
Willkie Advises on Sale of Jama Software for $1.2 Billion
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March 20, 2024
Willkie recently advised Jama Software and its controlling shareholder, Insight Partners, in the proposed sale of Jama Software to Francisco Partners for $1.2 billion.
On March 18, it was announced that Jama Software, a requirements management and traceability solution software provider, entered into a definitive agreement to be acquired by Francisco Partners from shareholders including Insight Partners and Madrona Ventures for $1.2 billion. Jama Software CEO Marc Osofsky will personally reinvest and continue to lead the company.
Willkie previously advised Insight on its $200 million growth equity investment in Jama Software in 2018.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies.
Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses.
The Willkie team was led by partners Morgan Elwyn, Danielle Scalzo and Erin Kinney and included associates Ian Morganelli and Kevin Ahmed.
On March 18, it was announced that Jama Software, a requirements management and traceability solution software provider, entered into a definitive agreement to be acquired by Francisco Partners from shareholders including Insight Partners and Madrona Ventures for $1.2 billion. Jama Software CEO Marc Osofsky will personally reinvest and continue to lead the company.
Willkie previously advised Insight on its $200 million growth equity investment in Jama Software in 2018.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies.
Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses.
The Willkie team was led by partners Morgan Elwyn, Danielle Scalzo and Erin Kinney and included associates Ian Morganelli and Kevin Ahmed.
Ian P. Morganelli AssociateCorporate & Financial Services
New York [email protected] +1 212 728 8726