Trio of firms steers KKR, CD&R’s Cloudera purchase
Latham & Watkins, Kirkland & Ellis and Debevoise & Plimpton are steering private equity firms KKR & Co Inc and Clayton Dubilier & Rice LLCs $5.3 billion cash deal to take cloud data company Cloudera Inc private.
The transaction, announced on Tuesday, would result in Santa Clara, California-based Cloudera delisting from the New York Stock Exchange as cloud services providers have faced a flood of demand amid the coronavirus pandemic.
The deal is expected to close in 2021s second half.
The Latham…
