TPG in $11.3 Billion Buyout of SunGard Data Systems

March 28, 2005

Cleary Gottlieb represented TPG in the $11.3 billion purchase of computer software provider, SunGard Data Systems, by an investment consortium of seven leading private equity firms. To date, the deal was the second-largest buyout in history.

The investment consortium included almost every major private equity firm in the United States – TPG, Bain Capital, Blackstone, Goldman Sachs, KKR, Providence, and Silver Lake – marking the first time so many private equity investors have joined forces in a single deal.