Kirkland & Ellis Advises Sixth Street Growth on $700 Million Series B Investment in Saviynt

"Kirkland & Ellis advised Sixth Street Growth on its participation in a $700 million Series B growth equity financing for identity security firm Saviynt. The round, led by funds managed by KKR, also included Sixth Street Growth, TenEleven and Carrick Capital Partners and values Saviynt at about $3 billion."

Kirkland & Ellis advised Sixth Street Growth on its participation in a Series B financing of Saviynt. The transaction comprises a $700 million Series B growth equity financing in Saviynt, a leading identity security company. Funds managed by KKR led the round, with additional participation from Sixth Street Growth and TenEleven, together with new funding from existing Series A investor Carrick Capital Partners. The financing values Saviynt at approximately $3 billion. The multi-firm investment underscores a shared conviction among the investors that identity management represents foundational infrastructure for organisations deploying artificial intelligence at scale. Kirkland & Ellis represented Sixth Street Growth with a team composed by: Chris Burwell, Michael Weisser and Kady Reese.

Kirkland & Ellis Advises Sixth Street Growth on $700 Million Series B Investment in Saviynt

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads