November 5, 2024
Willkie represented Insight Partners and its portfolio company Veeam Software in connection with Veeam’s $2 billion secondary equity offering, a transaction that values the cybersecurity company at $15 billion.
On December 4, Veeam, the #1 global leader in Data Resilience by market share, announced that it expanded its investor base in $2 billion secondary offering led by TPG, with participation from other key investors. Insight Partners remains the largest shareholder.
Willkie previously advised Insight Partners on its acquisition of Veeam in 2020, and represented Veeam in its subsequent acquisitions of Kasten and Coveware.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies.
The Willkie team was led by partners Morgan Elwyn, Ziyad Aziz and Tai Fukumoto and associate Timothy Sullivan.