New Mountain Capital Acquires Sparta Systems

July 20, 2017

Willkie represents New Mountain Capital LLC, a New York-based investment firm, in its acquisition of Sparta Systems, Inc., a global leader in quality management system software, from Thoma Bravo, LLC.

On July 17, it was announced that Willkie client New Mountain Capital LLC, a New York-based investment firm with over $19 billion in aggregate capital commitments, had signed an agreement to acquire Sparta Systems, Inc., a global leader in quality management system (QMS) software, from Thoma Bravo, LLC, a leading private equity investment firm that will retain a minority stake in the company. Financial details were not disclosed. The transaction is expected to close in the third quarter of 2017, subject to customary closing conditions and regulatory approvals.

The Willkie deal team was led by partners Kirk Radke and Morgan Elwyn, and included partners Viktor Okasmaa, Hillel Jacobson, Michael Katz and Daniel Alvarez; national partner Faustine Viala; counsel Jeffrey Clancy, Jonathan Konoff and Spencer Simon; associates Julian Golay, Kurt Lyn, Jason Pearl, Geri Anne McEvoy, Guy Inbar, Andrea de Vos, Alex Moyer, Noman Goheer, Jennifer DiNicola, Natalie Whitaker, Nikki Cronin and Max Silverstein; and law clerks Brian Palumbo, Peter Coulson and Max Goodman.