Investment banking and securities firm provides credit facility to finance acquisition of Xactly
Client(s) Investment banking and securities firm
Jones Day represented an investment banking and securities firm in connection with a secured credit facility consisting of a term loan facility and a revolving credit facility. The facility will be used to finance the acquisition by Vista Equity Partners of Xactly Corporation, a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management, which was a publicly traded company taken private in connection with such acquisition.