Kirkland, Lauletta Birnbaum Guide $1.6B IPipeline Sale
By Matt Fair (August 8, 2019, 4:14 PM EDT) -- Private equity firm Thoma Bravo LLC announced on Thursday that it was selling off Pennsylvania-based software provider iPipeline to Roper Technologies Inc. in a $1.6 billion deal orchestrated with assistance from Kirkland & Ellis LLP and Lauletta Birnbaum LLC.
The deal ends a four-year affiliation between Thoma Bravo and iPipeline during which the company grew into what Thoma Bravo said in a statement was one of the leading providers of cloud-based software to the life insurance and financial services sectors.
"We are very proud of what we have accomplished working in partnership with … the iPipeline management team," Thoma Bravo managing...
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