Private Investor Group Sells BMC Software to KKR

June 1, 2018

Willkie represented Insight Venture Partners as part of a private investor consortium in the sale of Houston-based software company BMC Software.

BMC Software, a global leader in software solutions for the digital enterprise, and KKR, a leading global investment firm, announced that KKR will acquire BMC from a private investor consortium led by Bain Capital Private Equity and Golden Gate Capital together with GIC, Insight Venture Partners and Elliott Management. Willkie previously represented Insight as part of the investor group that acquired BMC in 2013 for $6.9 billion.

With over $2 billion in annual revenue, BMC is a systems software provider which helps enterprise organizations manage and optimize information technology across cloud, hybrid, on-premise, and mainframe environments. The company serves more than 10,000 customers worldwide, including 92% of the Forbes® Global 100. Since going private in 2013, BMC has reallocated hundreds of millions of dollars toward higher growth R&D and go-to-market initiatives to address the massive digital disruption that is taking place in industries around the globe.

Insight Venture Partners is a leading global private equity and venture capital firm that has raised more than $18 billion and invested in more than 300 growth-stage software, internet, and data services companies.

The Willkie deal team was led by partners Gordon Caplan and Morgan Elwyn, and included partner Bradley Friedman and law clerk Ian Morganelli.