Kofax plans new syndicated financing for buyout by Clearlake and TA

By Sara Rosenberg

New York, April 26 – Kofax plans on getting a new syndicated financing to help fund its acquisition by Clearlake Capital Group LP and TA Associates from Thoma Bravo, according to a news release.

JPMorgan will lead the financing, with Credit Suisse, UBS, Jefferies LLC, Blackstone, PSP Partners, Security Benefit and Brinley to act as joint arrangers.

Closing is expected in the third quarter, subject to customary conditions.

Kofax is an Irvine, Calif.-based provider of intelligent automation software to facilitate digital workflow transformations.

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