Kirkland & Ellis is advising Centerbridge Partners on the sale of its majority interests in APCOA, Europe’s leading parking infrastructure operator, to Strategic Value Partners. The transaction is expected to close in the next three months, subject to receipt of required regulatory approvals as well as other customary closing conditions. APCOA provides car park management services across Europe and operates more than 1.8 million parking spaces across 13,000 sites in over 400 cities. The Kirkland team was led by corporate partners Aprajita Dhundia and Matthew Elliott and associates Joseph O'Brien, George Rawlinson, Jin Yi Lee and Clemmie Alexander; debt finance partner Sam Sherwood; capital markets partners Tim Volkheimer and William Burke; antitrust & competition partners Athina Van Melkebeke, Paula Riedel and Joel Gory and associate Lucy Mahon; and tax partner Mavnick Nerwal and associates Hugo Coleman and Michael Akpomiemie.