Kirkland & Ellis LLP advised Golden Gate Capital on the sale of its portfolio companies Vistec Lithography, Inc. and Vistec Lithography B.V. to Raith GmbH. The transaction was signed and closed on 15 February 2013. The value of the transaction is confidential. Vistec Lithography develops, manufactures and supports electron-beam lithography tools based on Gaussian beam technology, culminating in more than 40 years of experience under the brands of Philips, Cambridge Instruments and Leica. Gaussian beam lithography systems made by Vistec are installed in many of the leading edge universities and industry laboratories all over the world. In addition to its production facilities, the company also maintains service and support centers in the United States, Europe, China, India and Korea. The Kirkland team included corporate partners Dr. Jan Schinköth and Sacha Lürken and associate Dr. Kai Terstiege in Munich, as well as partner Richard Campbell in Chicago.
About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity investment firm with more than $12 billion of capital under management. The principals of Golden Gate have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures and recapitalizations, as well as debt and public equity investments. Other notable semiconductor investments sponsored by Golden Gate Capital include Teridian Semiconductor Corp., Lantiq and Aeroflex.
About Kirkland & Ellis LLP
Kirkland & Ellis LLP is a 1,600-attorney law firm representing global clients in complex corporate/private equity and tax, restructuring, litigation and dispute resolution/arbitration, and intellectual property and technology matters. The Firm has offices in Munich, Chicago, Hong Kong, London, Los Angeles, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C. The Munich office consists of approximately 35 attorneys focusing primarily on private equity, mergers & acquisitions, restructuring/insolvency, acquisition financing and tax matters.