Kirkland & Ellis LLP represented Stamford, Conn.-based private equity firm Olympus Partners in its sale of The Waddington Group to Jarden Corp. for $1.35 billion, subject to working capital and other customary adjustments. The Waddington Group is a major global packaging manufacturer and marketer primarily serving the foodservice and retail industry. Founded in 1988, Olympus Partners is focused on providing equity capital for management buyouts and for companies needing capital for expansion. The acquisition is expected to close in the third quarter of 2015. The full release can be found here.
The Kirkland team included corporate partners John Schoenfeld and Bradley Reed and associate Garrett Lorentz; tax partners Keith Villmow and Ilan Napchan; environmental partner Jonathan Kidwell and associate Stefanie Gitler; employee benefits partner Alexandra Mihalas and of counsel Melissa Grim; labor and employment partner Edward Holzwanger and associate Michael Schulman; real estate partner John Caruso and associate David Perkel; intellectual property partner Vladimir Khodosh and associate Chris Anderson; international trade partner Joanna Ritcey-Donohue and associate Diego Ortega; antitrust partner Ian Conner; and HSR specialist Kurt Wunderlich.