John Kaercher, P.C.

Kirkland & Ellis advised Franklin Mountain Energy and Avant Natural Resources on two separate definitive agreements with Coterra Energy Inc. (NYSE: CTRA) to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources and its managed funds, for an aggregate consideration of $3.95 billion, consisting of $2.95 billion of cash and $1 billion of Coterra stock to one of the sellers, subject to certain purchase price adjustments. The transactions are each subject to customary terms and conditions and are expected to close during the first quarter of 2025, with effective dates of October 1, 2024. Read Coterra’s press release For Franklin Mountain Energy, the Kirkland team included real asset lawyers Chris Heasley and Will Eiland, and corporate lawyer John Kaercher; and also real asset lawyers Luke Strother, Matt Gibson, Mitch Holliman, Trent Tucker and Jake Johnson; transactional liability insurance lawyer Hayley Hollander; capital markets lawyer Michael Rigdon; debt finance lawyer Jordan Roberts; tax lawyer David Wheat; and antitrust & competition lawyer Chuck Boyars. For Avant, the Kirkland team included corporate lawyer John Kaercher; real asset lawyers Chris Heasley and Albert Jou; corporate lawyer Paul Milani; tax lawyers David Wheat and Rebecca Fine; environmental transactions lawyers Jonathan Kidwell and Courtney Tibbetts; antitrust & competition lawyers Chuck Boyars, Sarah Lonvick and Miguel Suarez Medina; transactional liability insurance lawyer Hayley Hollander; and employment & labor lawyer Christie Alcala.

Nov 13

1 min

Kirkland & Ellis advised Echo, a multi-strategy investment firm, on an asset sale by its affiliate Echo Minerals totaling more than half a billion dollars. The transaction with Sixth Street Partners involved the sale of a portion of Echo’s net royalty acres in the Permian and Anadarko basins. With proceeds from the transaction, Echo will further fuel its investments in projects and enterprises renewing and advancing American innovation and resiliency in such industries as energy, life science, national security and media & entertainment. Read Echo’s press release The Kirkland team was led by corporate partners Chris Heasley and John Kaercher.

Jun 12

1 min

Kirkland & Ellis counseled Vyopta, an Austin-based provider of collaboration management solutions backed by Elsewhere Partners and AVX Partners, offering analytics and monitoring for large video networks, on its acquisition by HP Inc. Vyopta brings extensive expertise and infrastructure to turbocharge the development of HP’s Workforce Experience Platform and provide customers with more insights and capabilities. Read HP’s press release The Kirkland team was led by corporate partners Martha Todd and John Kaercher and associates Kelly King and Brian Pang; tax partner Anne Kim and associate David Gilbert; employee benefits partner Matthew Antinossi and associate Sooah Kim; executive compensation partner Sally Ye and associate Dillon Jones; technology & IP transactions partner Daisy Darvall and associate Nisha Chandra; and employment & labor partner Christie Alcala.

Sep 25

1 min

Kirkland & Ellis advised Northampton Capital Partners LLC in connection with a definitive arrangement agreement between its affiliate (the Northampton Purchaser) and Altius Minerals Corporation's (TSX:ALS) subsidiary Altius Renewable Royalties Corp. (TSX:ARR) (OTCQX:ARTWF) to acquire the public float of ARR for C$12.00 per share. The Northampton Purchaser will acquire all of the issued and outstanding common shares of ARR (the ARR Shares), other than those ARR Shares indirectly owned by Altius Minerals, by way of a statutory plan of arrangement under the Business Corporations Act (Alberta). Altius Minerals currently holds 58% of the issued and outstanding ARR Shares on an undiluted basis. The transaction is expected to close in the fourth quarter of 2024, subject to obtaining the required approvals and other customary closing conditions. Read the transaction press release The Kirkland team was led by corporate partners John Kaercher and Zahra Usmani; investment funds partners Matt Nadworny and Jennifer Wang; and tax partners David Wheat and Adam Nguyen and associate Griffin Peeples.

Sep 13

1 min

Kirkland & Ellis represented Thoma Bravo and its portfolio company SMA Technologies, a provider of automation solutions for the financial services industry, in the acquisition of Encapture, an intelligent document processing platform for banks, credit unions and fintech lenders. Financial terms of the transaction were not disclosed. Read SMA Technologies’ press release The Kirkland team included corporate lawyers John Kaercher, Kelly King and Corey Fox; debt finance lawyers Brian Ford, Erik Hepler and Matthew Demopoulos; and tax lawyers Adam Kool and Steven Cantor.

Nov 8

1 min