Peter Martelli, P.C.

Kirkland & Ellis advised funds managed by Blackstone on a definitive agreement for a majority investment in Chartis, a leading healthcare advisory firm. This strategic investment will support Chartis’ continued growth as a leading advisor to providers, payers, technology innovators, retail companies and investors who are making positive and transformative change within U.S. healthcare. The investment includes continued equity participation from Audax Private Equity. The transaction is expected to close by the end of 2024, subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed. Read the transaction press release The Kirkland team was led by corporate partners Chris Burwell and Peter Martelli; tax partners Mike Beinus and Vivek Ratnam; executive compensation partners Mike Krasnovsky and Matt Wood; corporate associate James Crisp; and healthcare & life sciences regulatory partners Dennis Williams and Lindsay Borgeson.

Aug 14

1 min

Kirkland & Ellis is advising investment firm New Mountain Capital and its portfolio company Classic Collision on the sale of the collision repair platform to alternative asset management firm TPG. Classic Collision’s management team will remain invested in the company. The transaction was announced April 3, 2024 and is expected to close in the second quarter of 2024. Read the transaction's press release The Kirkland team is being led by corporate partners Laura Steinke, Keli Huang and Peter Martelli and associates Michael Nester, Asal Yunusov, Sneha Darbha; debt finance partners Omar Raddawi and Melissa Hutson; tax partners Sara Zablotney and Vivek Ratnam and associate Margot Solmssen.

Apr 3

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 private equity firm Gamut Capital Management, L.P. on a definitive agreement to acquire Airtron Heating & Air Conditioning, a leading designer, installer and maintenance provider for heating, ventilation and air conditioning (HVAC) systems, from NRG Energy, Inc. (NYSE: NRG). The acquisition was announced August 8, 2024. Airtron was acquired by NRG as part of its acquisition of Direct Energy in 2021. Financial terms were not disclosed. Read the transaction press release The Kirkland team was led by corporate partners Constantine Skarvelis, Peter Martelli and Steven Choi; debt finance partners Yuli Wang and Melissa Hutson; and tax partner Mark Schwed with assistance from corporate associates Seung Bo Choi, Sandra Lewitz and Jay Gao; technology & IP transactions partners Joanna Schlingbaum and Shellie Freedman and associate Dan Sotos; debt finance associates Raghav Gupta and Brian Caldwell; tax partner Steven Ort and associate Grace Nielsen; executive compensation partners Anthony Ji and Michael Krasnovsky and associate Devin Kern; and employee benefits of counsel Jack Bernstein and associate Mackenzie Packard.

Aug 8

1 min

Kirkland & Ellis advised BTIG, LLC, a financial services firm specializing in investment banking, institutional sales and trading, research and prime brokerage, on a definitive agreement to be sold to U.S. Bancorp (NYSE: USB). The transaction was announced January 13, 2026 and is expected to close in the second quarter of 2026, subject to regulatory approvals and satisfaction of applicable closing conditions. The targeted consideration for the transaction is up to $1 billion, with a target purchase price of $725 million ($362.5 million of cash and 6,600,594 shares of common stock) to be paid at closing. There is up to an additional $275 million of cash consideration payable over three years, subject to achievement of defined performance targets. Read the transaction press release The Kirkland team included corporate lawyers Rachael Coffey, Christopher Gandia, Peter Martelli, Jimin He and Eli Markham; and capital markets lawyer Christian Nagler.

Jan 13

1 min