Kirkland & Ellis advised private equity firm Gemspring Capital Management on its acquisition of Midland Industries, which manufactures and distributes pipe, valve and fitting products. Existing investor Wynnchurch Capital will retain a minority stake in the company. Midland has more than 250 employees and operates 11 facilities in North America. Read the transaction press release The Kirkland team was led by corporate partners Mike Sartor and Payson Lyman, debt finance partner Jason Serlenga and tax partner Vin Thorn.