Kirkland & Ellis advised funds managed by Blackstone on a definitive agreement for a majority investment in Chartis, a leading healthcare advisory firm. This strategic investment will support Chartis’ continued growth as a leading advisor to providers, payers, technology innovators, retail companies and investors who are making positive and transformative change within U.S. healthcare. The investment includes continued equity participation from Audax Private Equity. The transaction is expected to close by the end of 2024, subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed. Read the transaction press release The Kirkland team was led by corporate partners Chris Burwell and Peter Martelli; tax partners Mike Beinus and Vivek Ratnam; executive compensation partners Mike Krasnovsky and Matt Wood; corporate associate James Crisp; and healthcare & life sciences regulatory partners Dennis Williams and Lindsay Borgeson.