Kirkland & Ellis is advising Lyra Bidco Limited (Bidco), a newly-formed company indirectly wholly-owned by investment funds advised by affiliates of Blackstone Inc., on the acquisition by Bidco of the entire issued, and to be issued, ordinary share capital of Hipgnosis. The acquisition values Hipgnosis' entire issued, and to be issued, ordinary share capital at approximately $1,572 million. Read the London Stock Exchange Announcement The Kirkland team is led by corporate partners Francesca Storey-Harris, Aprajita Dhundia and David Higgins and associates Chris Weale, Sam Salt and Joe Timmins; and technology and IP transactions partners Seth Traxler and Rory Wellever and associate Michael James.