This record is sourced from an 8-K exhibit (Exhibit 99.1) filed by McAfee Corp. with the SEC on March 1, 2022, announcing that the previously signed transaction had closed. At the time of this filing the deal was fully completed, with Bruce Chizen of Permira becoming Chairman of McAfee's new board and Greg Clark of Crosspoint Capital (former Symantec CEO) also joining the board.
Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC served as financial advisors to McAfee (the seller). On the buy side, the release names six advisors to the Investor Group: "JP Morgan Securities LLC, BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Evercore and DBO Partners LLC are serving as financial advisors," with Bryant Stibel Group serving separately as strategic operating advisor. Barclays Capital Inc. is thus one of several financial advisors to the buyer consortium, and Barclays Bank PLC is separately listed among the many banks that originally provided debt financing for the transaction, alongside JPMorgan, Bank of America, Credit Suisse, Citigroup, HSBC, Royal Bank of Canada, CPPIB Credit Investments, UBS and PSP Investments, with additional institutions added prior to syndication.
On the legal side, Ropes & Gray and Moulton Moore Stella served as legal counsel to McAfee. Fried, Frank, Harris, Shriver & Jacobson acted as M&A legal counsel and Kirkland & Ellis acted as finance legal counsel to the Investor Group.
Not disclosed in this exhibit: the specific closing date of the transaction beyond the announcement date of March 1, 2022; the precise allocation of advisory fees or responsibilities among the six named buy-side financial advisors; and any further detail on the relative debt-versus-equity financing mix used to fund the over 14 billion dollar purchase price.