Kirkland & Ellis LLP represented global alternative asset manager The Carlyle Group (NASDAQ: CG) and Service King Collision Repair Centers, which today announced a partnership with Blackstone (NYSE: BX) to recapitalize one of the largest independent U.S. chains of automobile body repair centers. The Carlyle Group, together with its co-investors and the management and employees of Service King, will retain a significant minority stake in the company. Terms of the transaction, which is expected to close during the third quarter, were not disclosed.
The Kirkland team was led by corporate partners Armand A. Della Monica and Daniel Michaels, and associates Eric Sievertsen, David Poulose and Jonathan Manor as well as tax partners Steven Clemens and Melinda Alankar.
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