Carlos Gil Rivas

Kirkland & Ellis advised private investment firm Arctos Partners and the management team of Hayfin in connection with Arctos’ majority investment in Hayfin, which is a leading alternative asset management firm with approximately €31 billion in assets under management. A fund managed by Arctos Partners is acquiring British Columbia Investment Management Corporation’s (BCI) majority stake in Hayfin. Financial terms were not disclosed. Arctos, via its Keystone strategy, which provides strategic partnership to leading financial sponsors, through bespoke growth capital and liquidity solutions, will facilitate the Hayfin team becoming the majority owners of the common equity. BCI will remain a strategic limited partner in certain Hayfin funds. The Kirkland team advising the Hayfin management team have advised them from the outset on a new strategic transaction and delivering the right partner for the next growth phase of the business in line with the goals of the Hayfin leadership team. Read the transaction press release The Kirkland team advising Arctos was led by corporate partners Jonathan Benloulou, Carlos Gil Rivas and James Hunn and tax partner Ian Ferreira. The Kirkland team advising the Hayfin management team was led by investment funds and corporate partners Daniel Lavon-Krein, Adrian Duncan and Chris Gandia; and corporate partner Rami Totari and associate Charles Hébert.

Jul 29

1 min

Kirkland & Ellis, Weil, Gotshal & Manges and Paul Hastings are advising on a proposed €1.8 billion ($1.5 billion) deal that would allow London and New York-based private equity firm CapVest to tap into growing demand for investment in sustainable energy infrastructure. CapVest has entered exclusive talks to acquire HLD’s majority stake in TSG, a European technical services provider for critical energy infrastructure. Paris-headquartered TSG started out decades ago as a gas station and fueling equipment company. Since it was acquired by European investment firm HLD in 2020, the company has worked to transform itself into a provider of technical services for critical energy infrastructure and the sustainable energy transition. HLD and TSG management will retain minority stakes in the company after the sale, for about €1.8 billion, according to French press reports and Bloomberg. Kirkland's team advising CapVest includes corporate partners Vincent Ponsonnaille (London and Paris), Guillaume Nivault (Paris), and Carlos Gil Rivas and Chris Connolly (London), and debt finance partners Evgeny Zborovsky and Karen Ford in London. In October, Kirkland was on the other side of the table advising Bain Capital and Cinven in a €10 billion deal to sell their majority stake in German healthcare and pharmaceutical giant Stada to CapVest, advised by Willkie, Farr & Gallagher. Weil's Paris-based team advising the seller, HLD, includes partners Jean Beauchataud and Pierre-Alexandre Kahn on the transaction’s corporate law aspects, Marc Lordonnois on public law, and Ning-Ly Seng on competition law. Kahn has advised HLD on several other transactions, including the company's sale of online shoe retailer Sarenza and its acquisition of IPS and AMS (now Elivie), as well as the acquisition of Photonis in 2021 for €370 million, according to Weil. French firm Arsene Taxand is advising HLD on tax, while Paul Hastings' team is advising HLD and the TSG group on financing aspects of the transaction, led by partners Olivier Vermeulen and Tereza Courmont Vlkova. It's also not the first time Paul Hastings has advised HLD. In November, Vermeulen and Tereza Courmont Vlkova also advised HLD on the repricing and upsizing of their existing Term Loan B facility, increasing it from €600 million to €750 million, according to Paul Hastings. The CapVest transaction is subject to customary closing conditions.

Feb 12

2 min

Kirkland & Ellis is advising CapVest Partners on entering into exclusive negotiations regarding its proposed acquisition of a stake in TSG, a European leader in technical services for critical energy infrastructure, from HLD. Read the transaction press release The Kirkland team includes corporate lawyers Vincent Ponsonnaille, Carlos Gil Rivas, Guillaume Nivault, Chris Connolly, Nikhil Mohindra, Ben Seymour, Emma Luo and Gabin Beaudor; debt finance lawyers Evgeny Zborovsky, Karen Ford, Michael McNamee, Anastasis Voskos and Jin Ahn; and tax lawyers Nadine Gelli, Alan Walker and Maxime Billaut.

Feb 10

1 min

Kirkland & Ellis is advising CapVest’s portfolio company Inspired Pet Nutrition, a UK pet food company, on its acquisition of Butcher's Pet Care, a manufacturer of high-quality wet pet food. Read the transaction press release The Kirkland team is led by corporate partners Carlos Gil Rivas and Jack Donelan and associates Marcus Dashper, Joseph O’Brien and Oliver Weighill; debt finance partners Evgeny Zborovsky and Karen Ford and associates Michelle Park, Brent Tan and Anastasis Voskos; and tax partner Alan Walker and associate Amena Charles.

Aug 23

1 min