Sophos, a global provider of cybersecurity software and services, has received a US$200 million investment from GTCR and other financing sources. The second lien term loan was raised in connection with the refinancing of Sophos’ existing US$2.45 billion first lien term loan.
Latham & Watkins LLP represented the first lien lenders in connection with the refinancing with a Banking & Private Credit team led by Alfred Xue, Global Vice Chair of Latham’s Banking & Private Credit Practice, and partners Brianna Oller and Max Silverstein, with associates Tulika Sinha, Will Council, Cynthia Yang, and Grant Oken.
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