SonarSource raises USD 4.7bn in its growth equity financing
SonarSource, a platform for clean code, has completed a growth equity financing by General Catalyst, Advent International, Insight Partners, and Permira’s Growth Opportunities Fund.
The financing raised USD 412 million in new investment and values SonarSource at USD 4.7 billion. SonarSource will use the investment to grow its go-to-market team globally as the company drives toward USD 1 billion in revenue.
The advisors
Homburger advised General Catalyst with regard to all Swiss legal aspects of this transaction. The Homburger team included partner Andreas Müller (pictured), senior associate Anna Peter (both corporate / m&a; technology and digital economy), associates Claudine Schär and Léonard Aeschlimann and junior associate Nicolas Wetzel (all corporate / m&a), partner Reto Heuberger and associate Philippe Gobet (both tax) as well as partner Luca Dal Molin and associate Joel Fink (both IP / IT; technology and digital economy).
Kirkland & Ellis acted as transaction counsel to General Catalyst.
