Private capital firm, Bregal Sagemount, has invested $120 million in Accellion Inc. to accelerate adoption of the enterprise content firewall.

The Accellion enterprise content firewall protects the IP, PII, PHI, and other sensitive content that companies share everyday with suppliers, customers and partners. By consolidating security across common third party communication channels, Accellion provides total visibility and security, while simplifying IT infrastructure to reduce costs.

Pillsbury provided legal counsel to Accellion, throughout the transaction.

The Pillsbury team was led by San Francisco Corporate partner Justin Hovey with support from Tax senior counsel Laura Watts, Corporate senior associate Paul Casas and associate Jessica Dabiri. The San Francisco team was assisted by Executive Compensation & Benefits partner Keith Ranta and Litigation attorney Evan Storm from Washington, D.C.