Press Release

Kirkland Advises CHS Capital and Royall & Company in Sale of Royall & Company to Advisory Board Company

Kirkland & Ellis LLP advised CHS Capital and Royall & Company in the sale of Royall & Company, the higher education industry leader in strategic, data-driven student engagement and enrollment management solutions, to the Advisory Board Company (NASDAQ: ABCO), a global, insight-driven technology, research, and services provider. Under the terms of the agreement, the Advisory Board will purchase Royall for $850 million, consisting of $750 million in cash and $100 million in Advisory Board stock. More information on the transaction is available here.

The Kirkland team includes corporate partners Sanford Perl, Robert Wilson and Joshua Korff, and associates Maggie Flores, Michael Montgomery and Luke Jennings.