Global law firm White & Case LLP has advised Goldman Sachs Private Capital Investments on its investment in OutSystems, the global leader in low-code rapid application development.
Goldman Sachs Private Capital Investments, the investment platform dedicated to providing long term capital to growth and middle market companies throughout the US, Europe and Israel, together with leading global investment firm KKR, has invested US$360 million in OutSystems. The funding values the company at more than US$1 billion and the proceeds will be used to accelerate its business expansion and for R&D in new advancements in software automation.
"White & Case is a leading global adviser to financial institutions, private equity firms and tech companies," said White & Case partner Marcus Booth, who co-led the Firm's deal team, "This deal showcased our strengths across all three sectors, and helped ensure a successful investment in an exciting and fast-growing global technology business."
The White & Case team which advised on the transaction was co-led by partners Marcus Booth and Daniel Turgel (both London), and included partner Michael Wistow (London), local partner Christophe Balthazard (Brussels), counsel Deborah Lincoln (London) and associates Adnan Bekdur, Chris Beardmore, Tom Cambidge, Khurram Kayani (all London) and Alix van der Wielen (Brussels).
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