Arjun Mocherla

Kirkland is advising Uber Technologies, Inc. (NYSE: UBER) on an agreement to acquire industry-leading parking reservation app SpotHero, bringing parking reservations onto the Uber app. Since launching in 2011, SpotHero has helped millions of drivers easily find affordable parking at more than 13,000 garages, lots, and valets across more than 400 cities in the U.S. and Canada. Uber plans to offer a native, in-app parking reservation experience, powered by SpotHero, with a focus on parking for commuters, as well as at events, venues, and airports. In time, Uber One members can also expect to see parking benefits as part of their membership. In turn, parking operators working with SpotHero will benefit from access to Uber’s large consumer base and network of vehicle charging and fleet partners. The acquisition is subject to the receipt of regulatory approval and satisfaction of other customary closing conditions and is expected to close in the first half of 2026. Read the transaction press release The Kirkland team included corporate lawyers Edward Lee, Steven Choi, Arjun Mocherla, Hayley Haggard, Anne Hicks and Hayley Hollender; executive compensation lawyers Rohit Nafday, Anthony Ji and Sooah Kim; tax lawyers Sara Zablotney and Margot Solmssen; technology & IP transactions lawyers Seth Traxler and Kevin Jacobsen; employment & labor lawyers Jackie Heffernan and Jon Link; employee benefits lawyers Justin Coddington and Amin Hamza; and antitrust & competition lawyers Andrea Murino and Sadé Harper.

Feb 23

1 min

Kirkland & Ellis advised Banyan Acquisition Corporation (NYSE: BYN), a SPAC, on its business combination with Pinstripes, Inc., a best-in-class multi-dimensional dining and entertainment brand. The transaction values the combined company at an enterprise value of approximately $520 million. As part of the transaction, Middleton Partners is making an upfront equity investment of approximately $20 million in Pinstripes. The transaction is subject to customary closing conditions and is expected to close in Q4 2023. The team was led by capital markets partners Peter Seligson and Christian Nagler and corporate partners Peter Fritz, Carlo Zenkner and Douglas Gessner. The team also included corporate associates Isilay Piskin, Arjun Mocherla and Nick LaPietra; capital markets associate Aaron Simons; tax partner Adam Kool and associate Charles Roarty; executive compensation partners Rohit Nafday and Jabir Yusoff and associate Jenny Cha; employee benefits partner Chris Chase, of counsel Jack Bernstein and associates Nathaniel Linger and MacKenzie Packard; technology & IP transactions partners Matt Darch and Seth Traxler and associate Ben Kovach; employment & labor partner Sydney Jones and associates Jaime Wamble and Shane Cooper; real estate partner Jennifer Sheehan and associates Shawn Lee and Brandon Hemans; and antitrust partners Andrea Murino and Michael Thorpe.

Jun 23

1 min

Kirkland & Ellis advised Paya Holdings Inc. (Nasdaq: PAYA), a leading provider of integrated payment and commerce solutions in the U.S., on its sale to Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, for approximately $1.3 billion. The proposed acquisition would create a preeminent payment technology provider with strong positions in global eCommerce, integrated payments and B2B. The transaction is expected to close by the end of the first quarter of 2023. Read the transaction press release The Kirkland team was led by corporate partners Sarkis Jebejian, Rachael Coffey, Mark Fennell and Peter Fritz and associates Steven Choi, Arjun Karthikeyan, Arjun Mocherla, Will Pretto and Paul Koltz, debt finance partner Thomas Dobleman and associate Matt Stummer, executive compensation partner Stephen Jacobson and associate Karsten Busby, capital markets partners Sophia Hudson and Jennifer Lee, antitrust and competition partners Ian John and Chuck Boyars and tax partner Polina Liberman.

Jan 9

1 min

Kirkland & Ellis advised Apax Partners (“Apax”) in connection with the recapitalization of Magaya Corporation, a leading provider of supply chain automation and logistics software, led by funds advised by Apax Digital, the growth equity arm of Apax, alongside existing investor LLR Partners and other shareholders. The investment will be used to support continued organic growth, platform enhancements and strategic M&A. Read the transaction press release The Kirkland team was led by corporate associate Mo Green, with associates Monica Ruiz and Arjun Mocherla and partners Adam Clifford and Leo Greenberg; debt finance partner Andrew Idrizovic and associate Camila Bourguignon; and tax partners Sara Zablotney and Adam Kool and associate Natalie Kannan.

Jan 31

1 min

Kirkland & Ellis advised HARMAN, the premier connected technologies company for automotive, consumer and enterprise solutions, with leading brands including JBL, Harman Kardon, AKG, Infinity, Lexicon, Mark Levinson and Revel, and wholly owned subsidiary of Samsung Electronics, on the acquisition of Roon, a founder-led and owned music management, discovery and streaming platform for audiophiles. The acquisition, announced on November 27, 2023, will bolster HARMAN’s robust engineering capabilities and complement its comprehensive personalized audio experience across products and platforms. The financial terms of the acquisition have not been disclosed. Read HARMAN’s press release The Kirkland team was led by corporate partners Edward Lee and Steven Choi and associate Arjun Mocherla; intellectual property partner Ellisen Turner; and technology & IP transactions partners Shellie Freedman and Seth Traxler and associate Justin Garfinkle.

Nov 29

1 min