Vivek Ratnam

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 private investment firm BayPine LP on its definitive agreement to acquire Relation Insurance Services, one of the largest independent insurance brokers in the United States, from Aquiline Capital Partners LP. Financial terms were not disclosed. Relation’s management team, including Chief Executive Officer Tim Hall, will continue to lead the Company. Read the transaction press release The Kirkland team included corporate lawyers Ravi Agarwal, Aseda Ghartey-Tagoe, Kimberly Snyder, Nils Remole, Guy Green, Michael Scheinthal and Peter Martelli; debt finance lawyers Adam Shapiro and Paul Rezvani; and tax lawyers Mike Beinus and Vivek Ratnam.

Feb 18

1 min

Kirkland & Ellis advised WHP Global, a leading brand management firm based in New York, on its definitive agreement to acquire the IP of the iconic VERA WANG fashion brand. The transaction is subject to customary closing conditions and is expected to close in January 2025. Financial terms of the transaction were not disclosed. Read WHP’s press release The Kirkland team included corporate lawyers Hamed Meshki and Michael Chung; tax lawyers Mike Beinus and Vivek Ratnam; and debt finance lawyer Katrina Levy.

Dec 18

1 min

Kirkland & Ellis advised Nordic Capital-backed Orchid Orthopedic Solutions on a definitive agreement to merge with Tecomet. Orchid provides solutions for procedures in major MedTech markets in the U.S. and Europe. Tecomet is a global leader in the design, development and manufacture of MedTech and Aerospace & Defense products. The combined company will offer an enhanced portfolio of MedTech solutions with a broader, more resilient manufacturing footprint and increased capacity to invest in advanced manufacturing, automation and capacity expansion aligned with customer demand. The combined company will have the joint support of both Charlesbank Capital Partners and Nordic Capital, who have been the majority owners of Tecomet and Orchid since 2017 and 2019, respectively. Read the transaction press release The Kirkland team included corporate lawyers Duncan Enista, Costa Skarvelis, Armand Della Monica, Jonas Goransson and Adi Sharma; debt finance lawyers Jason Kanner, Ashley Martin, Daniel Clayman and Danielle Gagné; and tax lawyers Vivek Ratnam, Mike Beinus and Joseph Riddle.

Jan 22

1 min

Kirkland & Ellis advised Quantum Health, the leading creator of healthcare navigation, on the acquisition of CirrusMD, a premier on-demand virtual care company. The acquisition brings together navigation and physician-led virtual care to drive more immediate care integration and stronger outcomes for members across their healthcare journey. This acquisition builds on Quantum Health’s momentum expanding clinically-validated provider steerage through Embold Health and launching its expanded solution suite built on a new agentic AI platform, further strengthening the company’s ability to act earlier, guide members more effectively and deliver measurable savings. Quantum Health is a portfolio company of Warburg Pincus and Great Hill Partners. Read the transaction press release The Kirkland team included corporate lawyers Keri Schick Norton and Alice Billmire; technology & IP transactions lawyer Daisy Darvall; healthcare transactions lawyer Robert Kantrowitz; and tax lawyers David Grenker and Vivek Ratnam.

Mar 3

1 min