Joanna Schlingbaum

Kirkland & Ellis advised Danaher Corporation (NYSE: DHR), a global science and technology innovator, on a definitive agreement to acquire Masimo Corporation (NASDAQ: MASI), a leading specialty diagnostics provider of pulse oximetry and other patient monitoring solutions, primarily in acute care settings. Under the terms of the agreement, Danaher will acquire all of the outstanding shares of Masimo common stock for $180 per share in cash, or a total enterprise value of approximately $9.9 billion including assumed indebtedness and net of acquired cash. Masimo will be a standalone operating company within Danaher’s Diagnostics segment along with Radiometer, Leica Biosystems, Cepheid and Beckman Coulter Diagnostics. The transaction is anticipated to close in the second half of 2026 and is subject to customary conditions, including receipt of applicable regulatory clearances and Masimo shareholder approval. Read the transaction press release The Kirkland team included corporate lawyers David Klein, Brian Junquera and Daniel Wolf; technology & IP transactions lawyers Adam Petravicius and Joanna Schlingbaum; litigation lawyer Jordan Peterson; intellectual property lawyer Ellison Turner; executive compensation lawyers Scott Price, David Branham and Madison Riddick; debt finance lawyer Rachael Lichman; capital markets lawyers Josh Korff and Diahndra Burman; and tax partners Dean Shulman and Liam Murphy.

Feb 17

1 min

Kirkland advised KKR and its portfolio company CIRCOR International, Inc., a provider of mission critical flow control products and services for the industrial and aerospace and defense markets, on the sale of CIRCOR’s severe-service industrial valve providers DeltaValve and TapcoEnpro to SCF Partners. Their products are used in more than 50 countries to enhance automation and employee safety, reduce equipment failures, improve process reliability and efficiency. The transaction was announced September 3, 2024. Financial terms were not disclosed. Read the transaction press release The Kirkland team was led by corporate partners Jennifer Perkins and Steven Choi and associates Natalia Halista, Logan Cotton and Bria Manlove; debt finance partners Adam Shapiro and Taylor Andrews and associates Kelsey Fuller and Tommy Kagerer; technology & IP transactions partners Joanna Schlingbaum, Shellie Freedman and Seth Traxler and associates Leonor Suarez and Josh Ellis; and tax partners Vivek Ratnam and Mike Beinus.

Sep 4

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 global specialty insurer and reinsurer SiriusPoint Ltd. (NYSE: SPNT) on the acquisition by its wholly owned subsidiary International Medical Group (“IMG”), a leader in global insurance benefits and assistance services, of World Nomads, a division of Australian health insurer, nib Group. With approximately $40 million of gross written premium, World Nomads is a well-respected global travel insurance and lifestyle brand offering products and services globally. The transaction is expected to close on the purchase of a majority of the World Nomads group in the second or third quarter of 2026, and a final closing is expected to occur in the second half of 2027, in each case subject to receipt of regulatory approvals and satisfaction of customary closing conditions. Read the transaction press release The Kirkland team included corporate lawyer Rajab Abbassi and Hunter Kodama; technology & IP transactions lawyer Joanna Schlingbaum; and tax lawyer Polina Liberman.

Feb 13

1 min

Kirkland & Ellis is advising Aleph Capital Partners and Crestview Partners, leading private equity firms based in London and New York, respectively, on their significant equity investment in Saber Interactive, a global leader in interactive entertainment and video game development. Read the transaction press release The Kirkland team is led by corporate partners Aprajita Dhundia, Dave Gusella and Jessica Sicsu and associates Shaun Chung, Emily Gamble and Katie Heffernan; technology & IP transactions partners Joanna Schlingbaum, Emma Flett, Max Harris and Shellie Freedman and associates Dan Sotos and Noémie Broussoux-Coutard; international trade & national security associates Billy Phalen and Brandon Ricaurte; tax partner Vincent Thorn and associate Leon Peschel; antitrust & competition partner Mark Gardner and associate Richard Birch; and debt finance partner Grant Bowen.

Sep 20

1 min