Srinivas S. Kaushik, P.C.

Kirkland & Ellis advised Funds advised by Apax Partners LLP, a leading global private equity advisory firm, and its portfolio company, Boasso Global, Inc., a premier provider of depot, maintenance, cleaning, and transportation services for the ISO tank container industry in North America and Europe, on the sale of Boasso to KKR, a leading global investment firm. Financial terms of the transaction were not disclosed. Read the transaction press release The Kirkland team was led by corporate partners Srinivas Kaushik and Adam Clifford and associates Kartik Khanna, Julianna Debler, Monica Ruiz, Kitt Shamamian and Nick LaPietra, and debt finance partner Judson Oswald and associate Ashley Martin.

Oct 6

1 min

Kirkland & Ellis counseled funds advised by Apax Partners LLP on a strategic investment in iD Fresh Food, India’s leading clean label foods brand. The Apax Funds will acquire a significant minority stake from existing shareholders Premji Invest and TPG NewQuest, both of which will remain investors alongside the company’s co-founder, PC Musthafa and the management team. Financial terms of the transaction were not disclosed. Read the transaction press release The Kirkland team included corporate lawyers Adarsh Varghese and Srinivas Kaushik.

Jan 5

1 min

Kirkland & Ellis advised funds advised by Apax Partners LLP and Healthium MedTech Ltd., a leading Indian medical devices company, on definitive agreements announced today to sell a controlling interest in Healthium to KKR. The acquisition will be made by a special purpose vehicle owned by funds managed by KKR which will acquire a controlling interest in Healthium group, including Healthium. Apax Funds acquired Healthium in 2018 and transformed the company from a domestic suture player into a global medical devices leader, expanding its presence from 50 countries to more than 90 today. The transaction is subject to regulatory approvals and is expected to close in the third quarter of 2024. Terms were not disclosed. Read more in the press release The Kirkland team was led by corporate partners Srinivas Kaushik and Jacob Traff and associate Carmella Crinnion; and debt finance partner Manas Chandrashekar; along with debt finance partner John Curran; and tax partner Alan Walker and associate Hugo Coleman.

May 6

1 min

Kirkland & Ellis advised BC Partners, a leading international investment firm, on an agreement to sell the majority of its interest in Garda World Security Corporation (GardaWorld), a global leader in the security industry. The recapitalization transaction values GardaWorld at C$13.5bn and will see Founder, Chairman, President and CEO Stephan Crétier, together with select members of management, acquire approximately 70% of GardaWorld while funds advised by HPS Investment Partners, leading a group of minority investors, will hold the remaining equity interest. Funds advised by BC Partners will also continue to hold a minority interest. Read BC Partners’ press release The Kirkland team included corporate lawyers Adam Clifford, Matt Dixon, Srinivas Kaushik and Damani Ashton; tax lawyers Ben Schreiner, Jared Rusman and Steven Cantor; and antitrust & competition lawyers Michael Thorpe, Matthew Sinclair-Thomson and Fiona Constant-Lotz.

Oct 28

1 min

Kirkland & Ellis advised Everise, a leading global healthcare services outsourcing company, and its existing investor, Brookfield, in connection with an investment in Everise by Warburg Pincus. Brookfield and Warburg Pincus are committed to accelerating the growth trajectory of Everise through business expansion and M&A. Warburg Pincus’ investment values the company at around $1 billion. The transaction is subject to customary regulatory approvals and is expected to close by the end of 2023. Read the transaction press release The Kirkland team was led by corporate partners Srinivas Kaushik and Adam Clifford, with support from partners Kartik Khanna and Adarsh Varghese; debt finance partners Mary Kogut and Melissa Hutson; tax partners Sara Zablotney and Adam Arikat; and executive compensation partners Scott Price and John Kleinjan.

Oct 3

1 min