The deal is sourced from Cloudera's own 8-K press release exhibit, filed June 1, 2021, announcing the signed definitive agreement. Entities related to the Icahn Group, holding roughly 18% of Cloudera's shares, had separately entered into a voting agreement supporting the transaction.
Perella Weinberg Partners LP was one of five financial advisors serving the acquirer consortium, per the release: "GCA Advisors, LLC, BofA Securities, William Blair & Company, L.L.C., Perella Weinberg Partners LP, Cowen and J.P. Morgan are serving as financial advisors and Kirkland & Ellis, LLP and Debevoise & Plimpton LLP are serving as legal advisor to CD&R and KKR." GCA Advisors, LLC served as exclusive financial advisor to Cloudera, the target, on the other side of the table.
Latham & Watkins, LLP served as legal advisor to Cloudera. Kirkland & Ellis, LLP and Debevoise & Plimpton LLP served as legal advisors to CD&R and KKR jointly. The release also noted that J.P. Morgan, Bank of America, and KKR Capital Markets had committed to providing debt financing for the transaction, indicating some of the named financial advisors likely also held financing roles alongside M&A advisory.
The transaction was expected to close in the second half of 2021, subject to stockholder and regulatory approvals. Not disclosed in the reviewed excerpt: the specific scope or lead status of Perella Weinberg's role relative to the other four acquirer-side advisors, any success-fee or engagement-letter detail, and the ultimate closing date of the transaction.