Kirkland Advises Vista Equity Partners in $1.25 Billion Acquisition of Model N

Kirkland & Ellis represented Vista Equity Partners, which announced today its definitive agreement to acquire Model N (NYSE: MODN), a leader in revenue optimization and compliance for pharmaceutical, medtech and high-tech innovators. Under the terms of the agreement, Vista will acquire all the outstanding shares of Model N common stock in an all-cash transaction valued at approximately $1.25 billion. The transaction is expected to close in mid-2024, subject to customary closing conditions, including shareholder approval and regulatory clearance. Upon completion of the transaction, Model N will become a privately held company and shares of Model N common stock will no longer be listed on any public market