GTCR, a leading private equity firm, has announced that it has jointly led a US$200 million investment in Sophos, a global provider of cybersecurity software and services. 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 GTCR and other financing sources in the investment with a team led by Stelios Saffos, Global Chair of Latham’s Capital Markets and Hybrid Capital practices, Peter Sluka, Global Co-Chair of the Hybrid Capital Practice, and partner Michael Waldman, with associates Tian Lin, Jose Pablo Buenfil, and Jade Lee.
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