Kirkland & Ellis International LLP represented investment management firm TowerBrook Capital Partners (U.K.) LLP in the sale of its portfolio company, the Odlo Sports Group AG, to Herkules Capital. Odlo is a leading Swiss-based designer, manufacturer and distributor of functional sportswear. A sale purchase agreement governing the sale was entered into on 30 April 2010, with closing expected within one month of signing.
"We are very pleased to have helped TowerBrook on another successful transaction and look forward to closing this deal shortly," said Erik Dahl, partner in the Munich office.
The Kirkland team includes Mr. Dahl and corporate partner Christian Iwasko (London), and corporate associates Sava Savov (London) and Francesca Strumia (London). London-based competition partner Pierre-André Dubois advised on competition issues.
About Kirkland & Ellis
Kirkland & Ellis is a 1,500-attorney law firm representing global clients in complex corporate and tax, litigation and dispute resolution/arbitration, restructuring, and intellectual property and technology matters. The Firm has offices in London, Chicago, Hong Kong, Los Angeles, Munich, New York, Palo Alto, San Francisco, Shanghai and Washington, D.C.
About TowerBrook Capital Partners
TowerBrook is an investment management firm with a differentiated strategy and a track record of creating value for investors. The firm is based in Europe and the USA and focuses on making investments in European and North American companies.
TowerBrook pursues control-oriented investments in large and middle market companies, partnering with highly capable management teams and seeking situations characterised by complexity. TowerBrook has approximately $5 billion under management.