Michael Beinus, P.C.

Kirkland & Ellis advised Metallica on its acquisition of the majority interest in Furnace Record Pressing (Furnace), a leading provider of high-quality vinyl records and related services. The acquisition formalizes a long-standing relationship between the band and Furnace that has produced more than five million pieces of Metallica vinyl since 2014. Read the transaction press release The Kirkland team was led by corporate partners Margaret Gibson, John Kaercher and Miriam Khalifa and associate Zach Prociuk; tax partners Michael Beinus and Vivek Ratnam; technology and IP transactions partner Seth Traxler; employment and labor partner Christie Alcala and associate Alexis Grinstead; employee benefits partner Maureen O’Brien and associate Milteva Andonellis; and executive compensation partner Rob Fowler and associate Julia Lee.

Mar 14

1 min

Kirkland & Ellis advised KKR and Corel Corporation on a definitive agreement that will separate the Corel business into two independent companies. Under the terms of the definitive agreement, Vector Capital Management, L.P., will acquire Corel’s portfolio of creativity and productivity software and related brands. The Parallels business will remain under ownership of funds managed by KKR. Financial terms of the transaction were not disclosed. The transaction is expected to close in May 2026, subject to customary closing conditions, including regulatory approvals. Corel provides professional software for graphics, productivity and digital workflow management, with a broad portfolio of desktop and digital tools, including trusted brands CorelDRAW, MindManager, and WinZip. The Parallels business offers cross-platform and virtualization software, including the well-known Parallels Desktop, enabling businesses and individuals to run Windows applications on Mac computers, and Parallels Workspace Solutions, delivering secure virtual applications and desktops across hybrid and cloud environments. Read the transaction press release The Kirkland team included corporate lawyers Ravi Agarwal, Oliver Yee, Leo Greenberg, Robert Hausen and Scarlet Sprung; debt finance lawyers Adam Shapiro and Taylor Andrews; tax lawyers Michael Beinus, Vivek Ratnam and Jeremy Miller; and technology & IP transactions lawyers Shellie Freedman, Joanna Schlingbuam and Molly Mahowald.

Feb 26

1 min

Kirkland & Ellis advised Lovell Minnick Partners (LMP), a private equity firm investing in growth-oriented companies, on its recapitalization of Pathstone, an independently operated, partner-owned advisory firm offering comprehensive family office services and customized investment advice. The transaction included a new strategic equity investment from Kelso & Company (Kelso), a leading private equity firm focused on partnering with middle market companies. Kelso’s and LMP’s respective investments are expected to close during the second quarter of 2023 and are subject to customary closing conditions. Read LMP’s press release The Kirkland team was led by corporate partners Evan Roberts and Hamed Meshki, and included associates Kristina Mooradian and Veronica Shen; tax partners Joseph Tootle, Daniel Meehan and Michael Beinus and associates Dion Toledo and Keaton Bolton; and investment funds partners Michael Lee and Steve Yoo and associates Tim Nolan and Aura Grace Gilham.

Mar 6

1 min

Kirkland & Ellis advised Archaea Energy Inc., (NYSE: LFG), an industry-leading renewable natural gas (“RNG”) company, on its sale to bp p.l.c. (NYSE: BP) for approximately $4.1 billion. bp provides Archaea access to unmatched, world-class platforms, capabilities, and capital resources for acceleration of its growth plans. Upon completion of the transaction, Archaea will operate as a subsidiary within bp and become part of the larger global organization. The acquisition is expected to close by the end of 2022. Read the Archaea press release The Kirkland team was led by corporate partners David Feirstein, Cyril Jones and Steven Li and associates Alexandra Gallogly and Christian Mahre, capital markets partners Matt Pacey and Lanchi Huynh and associate Logan Weissler, executive compensation partners Stephen Jacobson and Jabir Yusoff and associate Brandon Newman, and tax partners Michael Beinus and Vivek Ratnam.

Oct 17

1 min

Kirkland & Ellis advised Oaktree Capital Management, L.P., a leading global investment manager specializing in alternative investments, on its acquisition of Interblock, d.d., a leading developer and supplier of luxury electronic table games. Interblock is well known for its multi-player gaming devices that continually set industry standards and provide the ultimate in-luxury interactive entertainment experiences for players. Read the Oaktree press release The Kirkland team was led by corporate partner Hamed Meshki and associate Michael Chung and included associates Alex Blaznik and Tammy Adereti; debt finance partners David Nemecek and Katrina Levy and associates Emily Hogan, Christian Rivas and Keith Cooper; tax partners Michael Beinus, Timothy Lowe, Vivek Ratnam and Andrew Douglas and associates Michael Alcan and Felicity Blackburn; and executive compensation partners Michael Krasnovsky and Jack Stratton and associate Andrew Hedman.

Jun 9

1 min