Alec Manzer

Kirkland & Ellis advised ProsperOps, Inc., a leading cloud cost optimization automation platform backed by H.I.G. Growth and Snowhawk Partners, on its sale to Flexera, a global technology spend and risk intelligence provider backed by Thoma Bravo. Read Snowhawk’s and H.I.G.’s press releases The Kirkland team included corporate lawyers Bill Benitez, Alec Manzer, Brennon Nelson and Alexa Wachsman; tax lawyers Mark Dundon, Nicole Martin and Brooke Schafer; and antitrust & competition lawyers Todd Garcia and Jenner Berryhill.

Jan 7

1 min

Kirkland advised Caesars Entertainment, Inc. (NASDAQ: CZR) on a definitive agreement to sell its intellectual property rights for the World Series of Poker (WSOP) brand to NSUS Group Inc., a leading investment group in the iGaming space known for successfully launching several groundbreaking ventures, including the innovative online poker room, GGPoker. The transaction, valued at a total of $500 million, includes $250 million in cash and a $250 million promissory note due five years after the transaction’s closing date secured by the WSOP intellectual property assets being sold. The transaction is expected to close by the end of 2024 subject to customary closing conditions. Read the transaction press release The Caesars team was led by corporate partner Maggie Flores and technology & IP transactions partners Martin Schwertmann and Neil Hirshman, with assistance from corporate partner Alec Manzer and associate Giorgia Nagalli; technology & IP transactions associates Aseem Jha and Adam Beach; tax partners Mike Carew and Nicholas Warther; and antitrust & competition partners Jim Mutchnik and Samantha Morelli.

Aug 1

1 min

Kirkland & Ellis counseled Savage, a global provider of supply chain infrastructure and solutions, on its decision to acquire Texon, a Houston, Texas-based midstream service provider of butane blending and energy marketing. The addition of Texon and its team, which will continue to operate under its legacy brand, significantly bolsters Savage’s existing energy business. Read Savage’s press release The Kirkland team was led by corporate partners Bill Benitez and Alec Manzer and associate Markus Wang; debt finance partners Lucas Spivey and Jordan Roberts; tax partner Mark Dundon; executive compensation partner Jared Whalen; corporate partners Chad Smith and Will Eiland; and debt finance partner Michelle Williamson.

May 1

1 min

Kirkland & Ellis counseled Snowhawk LP, a private equity firm that invests in businesses that power the economy’s digital transition, on the closing of its investment in SecureVision, LLC, the premier fiber connectivity provider for resort communities along the Alabama and Florida Gulf Coast. Read Snowhawk’s press release The Kirkland team was led by corporate partners Bill Benitez and Alec Manzer and associate Brennon Nelson.

Jul 17

1 min

Kirkland counseled Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, and Bernhard Capital’s Department of Energy (DOE) and National Nuclear Security Administration (NNSA) services platform on the acquisition of Strategic Management Solutions, LLC (SMSI), a leading provider of expert management and technical consulting services for federal and large industrial clients focused on nuclear programs and projects. Financial terms of the transaction were not disclosed. Read Bernhard Capital’s press release The Kirkland team was led by corporate partners Bill Benitez and Alec Manzer and associates Oscar Leija and Tyler Ambrose; tax partner Mark Dundon; government contracts partner Boyd Greene; and debt finance partners Lucas Spivey and Jordan Roberts and associate James Kelly.

Apr 17

1 min