Symphony Technology Group acquisition financing for Wrike
We advised the left lead arranger and lead lender on the acquisition financing
Davis Polk advised Silver Point Capital as left lead arranger and lead lender, in connection with a new senior secured credit facility provided to an affiliate of Symphony Technology Group in connection with STG’s acquisition of Wrike Inc. and its affiliates from Vista Equity Partners and Elliot Investment Management L.P.
Symphony Technology Group is a private equity firm focused on funding innovative software and software-enabled tech services leaders in the mid-market.
Wrike is a leading international project management application service provider based in San Jose, California.
The Davis Polk finance team was led by partner Nicholas A. Palumbo, counsel Zachary R. Frimet and associate Bryan Mendiola. All members of the Davis Polk team are based in the New York office.