March 4th, 2022
Hellman & Friedman Makes $1.4 Billion Investment in Splunk
SAN FRANCISCO, Calif.
Hellman & Friedman Capital Partners X, L.P. and affiliated funds (“HFCP X”) issued the following statement in response to questions regarding its required disclosure that it has purchased $1.38 billion of Splunk common stock (NASDAQ: SPLK). The purchase of 11.9 million shares represents 7.5% of the total outstanding shares of the Company, making HFCP X Splunk’s largest active shareholder.
“Splunk is the leading enterprise data platform for cybersecurity and observability solutions, with tremendous continuing growth driven by rapid digital transformation around the world and the ever-increasing presence of cybersecurity threats. We are very enthusiastic about Gary’s appointment to CEO and look forward to providing collaborative support to the Company as it works to enhance value for all shareholders.”
About Hellman & Friedman
Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on large-scale equity investments in high quality growth businesses. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation and collaborative partnership approach enable companies to flourish. H&F targets outstanding businesses in select sectors including software & technology, financial services, healthcare, consumer & retail, and other business services.
Since its founding in 1984, H&F has invested in over 100 companies. The firm is currently investing its tenth fund, with $24.4 billion of committed capital, and has over $90 billion in assets under management as of December 31, 2021. Learn more about H&F’s defining investment philosophy and approach to sustainable outcomes at www.hf.com.