David M. Towarnicky

Kirkland advised Arya Sciences Acquisition Corp. II (Nasdaq: ARYBU) (“Arya II”), a special purpose acquisition company sponsored by Perceptive Advisors, on its business combination agreement with Cerevel Therapeutics, Inc., a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases. The combined company is expected to have an initial market capitalization of approximately $1.3 billion. Upon closing of the transaction, Arya II will redomicile as a Delaware corporation and be renamed Cerevel Therapeutics Holdings, Inc. and it is expected that its common shares will be listed on Nasdaq under the ticker symbol “CERE”.  A group of premier healthcare investors has committed to participate in the transaction through a common stock PIPE of approximately $320 million. Completion of the transaction is expected by the fourth quarter of 2020 and is subject to customary closing conditions. Read the press release from Cerevel Therapeutics and Arya Sciences Acquisition Corp II The Kirkland team was led by transactional partners Jonathan Davis and Ryan Brissette and associate David Towarnicky, capital markets partners Christian Nagler and Peter Seligson and associate Aaron Schleicher, tax partner Sara Zablotney and associate Scott Fryman, and executive compensation partner Michael Krasnovsky.

Jul 30

1 min

Kirkland & Ellis advised global investment organisation, EQT, and its portfolio companies, IFS and WorkWave, on the separation of WorkWave from IFS, resulting in WorkWave becoming a standalone portfolio company of the EQT VIII and EQT IX funds (“EQT Private Equity''). Headquartered in Holmdel, New Jersey, WorkWave is a front running software solutions provider for the field service management (FSM) industry and serves verticals including the green industry, cleaning & janitorial, and route management with a particular focus on the US pest control market. Separately, Kirkland advised WorkWave on the transformational add-on of Real Green Systems in the US. A separate Kirkland team also advised Real Green Systems and its selling shareholders, including Serent Capital. Real Green Systems is a Michigan-based provider of software and payment solutions for the FSM industry. Existing IFS minority shareholder TA Associates will remain invested in WorkWave alongside EQT Private Equity; and Serent Capital will remain invested alongside EQT Private Equity and TA Associates. The transactions, including the separation of WorkWave from IFS and the add-on acquisition of Real Green Systems, closed at the end of June 2021. Kirkland fielded a multi-office team to advise on the separate elements of this transaction which included London corporate partners Roger Johnson, Aneeq Durrani, Andreas Philipson and Niklas Ahlklo and associate Henry Birch; New York corporate partner Leo Greenberg and associates David Towarnicky, Roland Templeman and Kevin Simms; and New York tax partners David Grenker and Tara Rhoades and associate Dana Quinn. The Kirkland team advising Real Green Systems included Austin corporate partner Marc Browning, Palo Alto partner Rodin Hai-Jew and Houston partner Will Mabry and associates John Sheridan and Monique Groen.

Jul 1

1 min

Kirkland & Ellis is advising Recipharm, a global contract development and manufacturing organisation (CDMO) and a portfolio company of EQT, on the acquisitions of Vibalogics, a virotherapy CDMO and Arranta Bio, a prominent advanced therapy CDMO. Vibalogics holds a leading position in the manufacture of oncolytic viruses, viral vaccines and gene therapies, offering process and analytical development, manufacturing, testing and fill-finish services. Arranta Bio has established a strong microbiome platform with fermentation and purification expertise for naturally-derived and engineered bacteria consortia, complemented by services in analytics, proprietary media and cryopreservative formulations. Read the Vibalogics press release Read the Arranta Bio press release The Kirkland team was led by corporate partners Aneeq Durrani, Leo Greenberg, Roger Johnson, Michael Amalfe and Niklas Ahlklo and associates David Towarnicky, James Walker, Raisa Masud and Lawrence Ho; tax partners David Grenker and Tara Rhoades and associate Dana Quinn; and healthcare partner Katie Sullivan.

Feb 24

1 min

Kirkland & Ellis LLP is pleased to announce that 193 attorneys have been promoted to partner effective October 1, 2022. Austin Name Practice Area Sean McClay Debt Finance Bay Area Name Practice Area Katya Boyko M&A and Private Equity Kyle Calhoun Intellectual Property Litigation Andrew Chan Tax Courtney Chen Investment Funds Zeke Couch Investment Funds Michael Hanna M&A and Private Equity Jared Maher M&A and Private Equity Ankur Sharma M&A and Private Equity Jessica Tjang Debt Finance Beijing Name Practice Area Justin You Zhou Capital Markets Boston Name Practice Area Brian Allen Investment Funds S. Grant Bowen Debt Finance Larissa Cespedes-Yaffar M&A and Private Equity Charles Chen Investment Funds Alexander Flynn-Tabloff Employment & Labor Tiffany M. Knapp Intellectual Property Litigation Scott Lenahan Investment Funds Alisha Patterson Investment Funds Chicago Name Practice Area Amelia Bailey Litigation Michael F. Black Investment Funds Kelsey Bleiweiss Litigation Cassandra Catalano Litigation Chris Chase Employee Benefits Bernadette Coppola Technology & IP Transactions Lee Discher Debt Finance Hannah Ehrenberg Real Estate Cot Eversole Capital Markets Cameron Ginder Litigation Jessica Giulitto Litigation Emily Hogan Debt Finance Kevin Jacobsen Technology & IP Transactions Nathan Jimenez Investment Funds Justin Joffe M&A and Private Equity Deidre Kalenderian Executive Compensation James Kestler Litigation Dan Latona Restructuring Michael LeFevour Litigation Patrick Loughery Debt Finance Caroline Lourgos Intellectual Property Litigation Kevin McClelland Restructuring Ryan McNish Investment Funds Taylor Melching M&A and Private Equity A.J. Million Capital Markets Patricia Radkowski Litigation Bruce Ratain Intellectual Property Litigation Tricia Schwallier Collins Restructuring Ashley Sinclair Capital Markets Kevin Stocks M&A and Private Equity Andrew Struckmeyer M&A and Private Equity Eric Sweigard M&A and Private Equity Julia Trotta Investment Funds Jordan Turban Miles M&A and Private Equity Patrick Valenti Investment Funds Daniella Vespoli M&A and Private Equity Neil Vohra M&A and Private Equity Kate Walling Litigation Andrew Walter Intellectual Property Litigation Jenny Warfield Real Estate Nicholas Warther Tax Michael Wester Investment Funds Margaret Yeager Private Equity/Private Investment & Family Office Ziyad Ziyadzade M&A and Private Equity Dallas Name Practice Area Victoria Acuff Real Estate Noah Allen Capital Markets Layton Bell Debt Finance Rudgee S. Charles Asset Finance & Securitization William C. Eiland II M&A and Private Equity Rebecca Fine Tax Ruben Garcia Litigation Catharine Hansard M&A and Private Equity Sable Hodson Litigation Randall W. Miller Litigation Hong Kong Name Practice Area Ryan Choi Capital Markets Min Lu M&A and Private Equity Stacey Shen M&A and Private Equity Shinong Wang Investment Funds Ling Zhu Investment Funds Houston Name Practice Area Jennifer Cornejo Environmental Transactions Patrick Corrigan M&A and Private Equity Alia Heintz M&A and Private Equity Ieuan List Capital Markets Rex Manning Litigation Patrick Y. Moneypenny M&A and Private Equity Ryan Phelps Tax Scott Reid Debt Finance Anthony Sanderson Capital Markets Zach Savrick M&A and Private Equity Shainee Shah Litigation Billy Vranish Capital Markets Camille Walker M&A and Private Equity Fraser Wayne M&A and Private Equity London Name Practice Area Gabriella Bornstein Intellectual Property Litigation Aisling Campbell Investment Funds Jacqueline Clover Technology & IP Transactions Chris Connolly M&A and Private Equity Daniel D’Ambrosio ESG and Impact Sion Davies Antitrust & Competition John de Rohan-Truba Intellectual Property Litigation Jack Donelan M&A and Private Equity Emma Faulkner-Hill Tax Joel Gory Antitrust & Competition Ben Hai M&A and Private Equity Rehan Hanif Debt Finance Gabe Harley Restructuring Hamesh Khatkar M&A and Private Equity Victoria Legg M&A and Private Equity Chrystel Marincich Capital Markets Patrick Navein Litigation Jiri Peterka M&A and Private Equity Lorenza Prelz Oltramonti Investment Funds David Pritchett Investment Funds Emma Reid Financial Services Regulatory Oscar Robinson Intellectual Property Litigation Claire Rushton M&A and Private Equity Shahrzad Sadjadi Antitrust & Competition Noah Stewart-Ornstein Litigation Jamie Thomson Investment Funds Los Angeles Name Practice Area Yvonne Beeler Intellectual Property Litigation Matthew Benedetto M&A and Private Equity Sam Blake Intellectual Property Litigation Yungmoon Chang Intellectual Property Litigation Eric Cohen M&A and Private Equity Caroline Epstein Debt Finance Amelia Gordon Debt Finance Andrew Hurley Debt Finance Garry Padrta M&A and Private Equity Ingrid Petersen Intellectual Property Litigation Christopher Raidy Debt Finance Michael Rosenberg Litigation Matthew Summers Litigation Munich Name Practice Area Marlene Ruf Restructuring New York Name Practice Area Sara Allawi Investment Funds Rachael Bentley Restructuring Guillemette Chamayou Investment Funds Jacob Clark Real Estate Linda Dahl Investment Funds Nathaniel DeLucia Intellectual Property Litigation Samuel Dykstra Environmental Transactions Vera Esses Litigation Ciara Foster Restructuring Peter C. Fritz M&A and Private Equity Asaf Gamzo Investment Funds J. Todd Garcia, Jr. Antitrust & Competition Olivia George Debt Finance Zoey Hitzert Capital Markets Timothy Hughes Debt Finance Derek Hunter Restructuring Rex Hupy M&A and Private Equity Jake Jung Tax Olga Kamensky Investment Funds Jennifer Karinen Capital Markets Kim Kaufman Investment Funds Katy Kim Investment Funds John Kleinjan Executive Compensation Jenny Lee Litigation Christie Mok Capital Markets Thomas Norelli Trusts & Estates Eugene Park Debt Finance Leila Ravi Debt Finance Brittany Roger Debt Finance Joanna Schlingbaum Technology & IP Transactions Fishel Schreiber Executive Compensation Ned Schultheis M&A and Private Equity Allyson Smith Restructuring Dominic Spence Real Estate Haley Stern Litigation Amanda Katlowitz Strickler Investment Funds David M. Towarnicky M&A and Private Equity Charles Wehbe M&A and Private Equity Colin Zelicof M&A and Private Equity Salt Lake City Name Practice Area Paul Hendrickson Tax Cameron Leishman M&A and Private Equity Matthew Pinegar Investment Funds Elena Simion M&A and Private Equity Spencer Topham M&A and Private Equity Shanghai Name Practice Area Sally Han Litigation Nelson Ni M&A and Private Equity Washington D.C. Name Practice Area Patrick Arnett Intellectual Property Litigation David Branham Executive Compensation Erin Cady Litigation Katherine Canning Litigation Steven Cantor Tax Michelle Sliwinski DeMaio Environmental Transactions Katie Drummonds Antitrust & Competition Lucie Duvall Antitrust & Competition/Consumer Protection Don Hong Litigation Mary Miller Litigation Karthik Ravishankar Intellectual Property Litigation Emily Scott Intellectual Property Litigation Ben Wallace Litigation Sally Ye Executive Compensation Note: For certain partners, admission will take effect when any necessary regulatory requirements have been satisfied.

Oct 3

4 min

Kirkland & Ellis advised private investment firm Monomoy Capital Partners on its carve-out acquisition of Oliver Packaging and Equipment. Founded in 1890, Oliver Packaging is a provider of bakery equipment, meal packaging systems and comprehensive food service solutions to educational, business and food service organizations. The transaction was announced on November 4, 2024. Read the transaction press release The team included corporate lawyers David Towarnicky, Michael Sartor, Austin McCarthy, Kim Grinhaus and Dov Seifman; tax lawyers Ben Schreiner, Maria Smith and Brittany Nguyen; and debt finance lawyers Louis Hernandez and Neal Loughery.

Nov 7

1 min