Elena G. Simion

Kirkland & Ellis counseled Viking Global Investors on its minority investment in Lightmatter, the leader in photonics, which announced that it raised $155 million in a financing led by Viking and Google Ventures that valued the company at over $1.2 billion. This new financing allows the company to expedite growth to meet the increasing demand for high-performance computing from AI innovators. Read Lightmatter’s press release The Kirkland team was led by corporate partners Adam Phillips and Elena Simion and associate Mohammed Banjari.

Jan 11

1 min

Kirkland counseled global private equity firm Permira in its agreement to invest up to $140 million in Hotel Engine, Inc., a software company offering hotel booking services to businesses. Hotel Engine will use the funding to support ongoing product development, including the launch of flight and rental car bookings to its platform. The transaction was announced September 17, 2024. Read Permira’s press release The Kirkland team was led by corporate partners Sean Kramer and Elena Simion and tax partner Devin Heckman; and included corporate associate Mohammed Banjari; technology & IP transactions partner Amber Harezlak; and employee benefits partner Justin Coddington.

Sep 17

1 min

Kirkland & Ellis counseled Cirba Solutions, a portfolio company of The Heritage Group and the largest and most comprehensive battery management and materials processor for end-of-life batteries and giga-factory manufacturing scrap, on its $245 million investment from the EQT Infrastructure V fund (EQT Infrastructure). The Heritage Group will remain the majority owner of Cirba Solutions. Read Cirba’s press release The Kirkland team was led by corporate partners Adam Phillips and Elena Simion.

Dec 15

1 min

Kirkland & Ellis represented Aptean, a global provider of industry-specific enterprise resource planning and supply chain software, on an investment in Aptean from Clearlake Capital Group, L.P. Clearlake will join existing investors TA Associates, Insight Partners and Charlesbank Capital Partners as shareholders. Read Aptean’s press release The Kirkland team was led by corporate partners Adam Phillips, Jana Glock and Elena Simion, and included corporate associate Tuba Sahiti and tax partner Devin Heckman.

Jul 2

1 min

Kirkland & Ellis represented growth-focused investment firm Vitruvian Partners in a strategic growth investment in fund administrator to venture capital and private equity firm Aduro Advisors. The transaction was announced May 23, 2024. Financial terms were not disclosed. Aduro’s leadership team and existing shareholder PPC Enterprises will retain a significant investment in Aduro going forward. Aduro currently has more than $120 billion of assets under administration. Read the transaction press release The Kirkland team was led by corporate partners Adam Phillips, Elena Simion and Jana Glock; debt finance partners Ashley Gregory and Whitney Bosworth and tax partner Devin Heckman.

May 24

1 min