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January 23, 2026
Kirkland Advises Olympus-Backed Rise on Sale

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AI-made summary
- Kirkland & Ellis represented Olympus Partners and its portfolio company Rise Baking Company in the sale of Rise to Platinum Equity and Butterfly, as announced on September 17, 2024
- Olympus acquired Rise in 2018, during which time Rise made several major acquisitions, including Brill, Dawn Frozen Products division, Wonder Brands Pies, and Table Talk Pies
- The financial terms of the transaction were not disclosed
- Corporate partners Matthew Goulding and Cameron Leishman led the Kirkland team.
Kirkland & Ellis advised private equity firm Olympus Partners and its portfolio company Rise Baking Company on the sale of Rise to investment firm Platinum Equity and private equity firm Butterfly. The transaction was announced September 17, 2024. Olympus bought Rise in 2018, and the company completed several significant acquisitions including Brill, Dawn Frozen Products division, Wonder Brands Pies and Table Talk Pies. Financial terms were not disclosed. Read the Olympus press release here The Kirkland team was led by corporate partners Matthew Goulding and Cameron Leishman.
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