Kirkland & Ellis is advising Project California Bidco Limited, a newly-formed vehicle, indirectly wholly-owned by Kofax Parent Limited and a portfolio company of funds advised by Thoma Bravo, on the recommended all cash offer for the entire issued, and to be issued, ordinary share capital of Tungsten Corporation Plc. The acquisition values Tungsten’s entire issued, and to be issued, ordinary share capital at approximately £53.7 million on a fully diluted basis.
Tungsten is a global provider of electronic invoicing and accounts payable automation solutions, digitising the invoicing process and improving workflow automation for its customers.
Read the London Stock Exchange Announcement
The Kirkland team was led by corporate partners Francesca Harris and David Holdsworth and associates Charles Hebert, Moose Sarfraz and Sher Lin Wong.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
