Press Release

Kirkland & Ellis Represents GTCR in Acquisition of Premium Credit Limited

Kirkland & Ellis LLP acted for GTCR on the acquisition of Premium Credit Limited from MBNA Europe, an affiliate of Bank of America. The total asset value was approximately £900 million ($1.45 billion). Premium Credit is a leading provider of finance in respect of insurance premiums.

The international team included corporate partners Gavin Gordon, Stephen Ritchie and Christopher Greeno, and associates James Howe, Fatema Orjela and Freddie Bellhouse, tax partners William Welke, Ian Taplin and Michael Carew, and associate Dulcie Sawle Daly, derivatives partner Scott Gordon, debt finance partners Stephen Gillespie and Jocelyn Hirsch and associate Mark Fine, regulatory partner Lisa Cawley, and intellectual property partner Shannon Yavorsky and associate Emma Flett.