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Kinstellar Advises on Vista and Evergreen USD 16.5 Billion Acquisition of Citrix

Kinstellar Advises on Vista and Evergreen USD 16.5 Billion Acquisition of Citrix

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Kinstellar has advised Vista Equity Partners on Czech law-related aspects of the USD 16.5 billion acquisition of Citrix Systems. Kirkland & Ellis advised Vista Equity Partners and its portfolio company Tibco Software. Gibson, Dunn & Crutcher and Debevoise & Plimpton advised the other investor, Evergreen Coast Capital. Goodwin Procter advised Citrix Systems.

The transaction remains contingent on regulatory approval.

"In connection with the transaction, Vista and Evergreen intend to combine Citrix and Tibco Software, one of Vista’s portfolio companies," Citrix announced. "The combination brings together Citrix’s secure digital workspace and application delivery suite with Tibco’s real-time intelligent data and analytics capabilities to empower customers and users with the secure application and information access and insights they need to accelerate digital transformation and navigate the hybrid workplace."

Founded in 1989, Citrix provides unified digital workspace technology.

Vista is a US-headquartered global investment firm focused on enterprise software, data, and technology-enabled businesses with more than USD 86 billion in assets under management.

"Over the past three decades, Citrix has established itself as the clear leader in secure hybrid work," Citrix Board of Directors Chair Bob Calderoni commented. "Our market-leading platform provides secure and reliable access to all of the applications and information employees need to get work done, wherever it needs to get done. By combining with Tibco, we will expand this platform and the outcomes our customers achieve."

The Kinstellar team was led by Partner Jan Juroska and included Managing Associate Adam Nemec and Senior Associate Martina Mazurkova.

The Kirkland & Ellis team included Partners David Klein, Chelsea Darnell, Daniel Wolf, Stuart Casillas, Simon Root, Eva Mak, Sonali Jindal, Austin Glassman, Josh Korff, Tim Cruickshank, Jennifer Lee, David Kung, Heidi Yuen, and Rohit Nafday and Associates Zahraa Hadi, Timothy Hughes, Christian Rivas, Christie Mok, Ashley McLaughlin, and Anthony Ji.

The Debevoise & Plimpton team was led by Partners Ryan Rafferty and Jeffrey Ross and included Associates Alena Thomas and Julia Chen and Law Clerks Adam Silverwood and Kristen Scully.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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